Guatemalan quetzal
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1 GTQ = 0.201 AUD
1 AUD = 4.965 GTQ
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1 GTQ = 177.689 ARS
1 ARS = 0.006 GTQ
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1 GTQ = 387.700 BIF
1 BIF = 0.003 GTQ
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1 GTQ = 0.049 BHD
1 BHD = 20.408 GTQ
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1 GTQ = 0.900 BOB
1 BOB = 1.111 GTQ
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1 GTQ = 0.222 AZN
1 AZN = 4.514 GTQ
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1 GTQ = 11.371 BTN
1 BTN = 0.088 GTQ
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1 GTQ = 65.845 CRC
1 CRC = 0.015 GTQ
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1 GTQ = 2.764 CZK
1 CZK = 0.362 GTQ
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1 GTQ = 0.940 CNY
1 CNY = 1.064 GTQ
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1 GTQ = 0.839 DKK
1 DKK = 1.191 GTQ
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1 GTQ = 18.009 ETB
1 ETB = 0.056 GTQ
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1 GTQ = 1131.197 GNF
1 GNF = 0.001 GTQ
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1 GTQ = 0.915 HRK
1 HRK = 1.093 GTQ
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1 GTQ = 2133.153 IDR
1 IDR = 0.000 GTQ
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1 GTQ = 20.881 JMD
1 JMD = 0.048 GTQ
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1 GTQ = 11.399 KGS
1 KGS = 0.088 GTQ
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1 GTQ = 0.220 BAM
1 BAM = 4.546 GTQ
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1 GTQ = 0.235 ANG
1 ANG = 4.261 GTQ
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1 GTQ = 1.833 BWP
1 BWP = 0.546 GTQ
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1 GTQ = 0.168 BND
1 BND = 5.953 GTQ
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1 GTQ = 379.251 CDF
1 CDF = 0.003 GTQ
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1 GTQ = 0.262 BZD
1 BZD = 3.813 GTQ
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1 GTQ = 4274.021 BYR
1 BYR = 0.000 GTQ
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1 GTQ = 0.220 BGN
1 BGN = 4.546 GTQ
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1 GTQ = 0.180 CAD
1 CAD = 5.566 GTQ
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1 GTQ = 17.079 DZD
1 DZD = 0.059 GTQ
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1 GTQ = 1.955 ERN
1 ERN = 0.512 GTQ
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1 GTQ = 6.342 EGP
1 EGP = 0.158 GTQ
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1 GTQ = 0.295 FJD
1 FJD = 3.392 GTQ
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1 GTQ = 0.098 GBP
1 GBP = 10.190 GTQ
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1 GTQ = 0.098 FKP
1 FKP = 10.190 GTQ
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1 GTQ = 1.000 GTQ
1 GTQ = 1.000 GTQ
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1 GTQ = 1.023 HKD
1 HKD = 0.978 GTQ
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1 GTQ = 44.814 HUF
1 HUF = 0.022 GTQ
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1 GTQ = 170.698 IQD
1 IQD = 0.006 GTQ
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1 GTQ = 5491.160 IRR
1 IRR = 0.000 GTQ
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1 GTQ = 55.331 KMF
1 KMF = 0.018 GTQ
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1 GTQ = 180.948 KRW
1 KRW = 0.006 GTQ
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1 GTQ = 10.959 ALL
1 ALL = 0.091 GTQ
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1 GTQ = 15.935 BDT
1 BDT = 0.063 GTQ
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1 GTQ = 0.233 AWG
1 AWG = 4.287 GTQ
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1 GTQ = 0.722 BRL
1 BRL = 1.384 GTQ
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1 GTQ = 0.000 BCH
1 BCH = 4121.144 GTQ
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1 GTQ = 0.000 BTC
1 BTC = 852618.889 GTQ
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1 GTQ = 0.479 AED
1 AED = 2.089 GTQ
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1 GTQ = 119.568 AOA
1 AOA = 0.008 GTQ
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1 GTQ = 0.130 BSD
1 BSD = 7.674 GTQ
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1 GTQ = 126.317 CLP
1 CLP = 0.008 GTQ
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1 GTQ = 0.427 BYN
1 BYN = 2.339 GTQ
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1 GTQ = 537.665 COP
1 COP = 0.002 GTQ
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1 GTQ = 3.124 CUP
1 CUP = 0.320 GTQ
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1 GTQ = 0.000 ETH
1 ETH = 27405.607 GTQ
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1 GTQ = 0.112 EUR
1 EUR = 8.891 GTQ
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1 GTQ = 3.421 HNL
1 HNL = 0.292 GTQ
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1 GTQ = 9.457 GMD
1 GMD = 0.106 GTQ
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1 GTQ = 0.098 GIP
1 GIP = 10.190 GTQ
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1 GTQ = 17.082 HTG
1 HTG = 0.059 GTQ
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1 GTQ = 0.092 JOD
1 JOD = 10.823 GTQ
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1 GTQ = 19.209 JPY
1 JPY = 0.052 GTQ
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1 GTQ = 8.957 AFN
1 AFN = 0.112 GTQ
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1 GTQ = 0.261 BBD
1 BBD = 3.837 GTQ
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1 GTQ = 0.130 BMD
1 BMD = 7.674 GTQ
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1 GTQ = 49.811 AMD
1 AMD = 0.020 GTQ
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1 GTQ = 0.105 CHF
1 CHF = 9.543 GTQ
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1 GTQ = 23.200 DJF
1 DJF = 0.043 GTQ
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1 GTQ = 7.922 DOP
1 DOP = 0.126 GTQ
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1 GTQ = 12.402 CVE
1 CVE = 0.081 GTQ
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1 GTQ = 0.352 GEL
1 GEL = 2.839 GTQ
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1 GTQ = 1.368 GHS
1 GHS = 0.731 GTQ
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1 GTQ = 27.253 GYD
1 GYD = 0.037 GTQ
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1 GTQ = 0.445 ILS
1 ILS = 2.249 GTQ
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1 GTQ = 11.371 INR
1 INR = 0.088 GTQ
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1 GTQ = 16.083 ISK
1 ISK = 0.062 GTQ
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1 GTQ = 523.079 KHR
1 KHR = 0.002 GTQ
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1 GTQ = 16.851 KES
1 KES = 0.059 GTQ
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1 GTQ = 0.040 KWD
1 KWD = 25.123 GTQ
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1 GTQ = 70.741 KZT
1 KZT = 0.014 GTQ
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1 GTQ = 39.270 LKR
1 LKR = 0.025 GTQ
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1 GTQ = 1.183 MAD
1 MAD = 0.845 GTQ
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1 GTQ = 273.544 MMK
1 MMK = 0.004 GTQ
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1 GTQ = 468.146 MNT
1 MNT = 0.002 GTQ
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1 GTQ = 6.097 MUR
1 MUR = 0.164 GTQ
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1 GTQ = 51.946 MRO
1 MRO = 0.019 GTQ
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1 GTQ = 2.013 MVR
1 MVR = 0.497 GTQ
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1 GTQ = 226.150 MWK
1 MWK = 0.004 GTQ
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1 GTQ = 0.220 NZD
1 NZD = 4.540 GTQ
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1 GTQ = 18.202 NPR
1 NPR = 0.055 GTQ
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1 GTQ = 7.525 PHP
1 PHP = 0.133 GTQ
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1 GTQ = 36.953 PKR
1 PKR = 0.027 GTQ
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1 GTQ = 187.730 RWF
1 RWF = 0.005 GTQ
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1 GTQ = 0.001 LTC
1 LTC = 820.089 GTQ
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1 GTQ = 2.457 MXN
1 MXN = 0.407 GTQ
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1 GTQ = 4.796 NIO
1 NIO = 0.209 GTQ
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1 GTQ = 0.570 RON
1 RON = 1.753 GTQ
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1 GTQ = 117.286 KPW
1 KPW = 0.009 GTQ
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1 GTQ = 0.108 KYD
1 KYD = 9.254 GTQ
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1 GTQ = 11691.195 LBP
1 LBP = 0.000 GTQ
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1 GTQ = 0.710 LYD
1 LYD = 1.408 GTQ
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1 GTQ = 2818.857 LAK
1 LAK = 0.000 GTQ
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1 GTQ = 577.945 MGA
1 MGA = 0.002 GTQ
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1 GTQ = 26.152 LRD
1 LRD = 0.038 GTQ
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1 GTQ = 6.919 MKD
1 MKD = 0.145 GTQ
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1 GTQ = 2.353 LSL
1 LSL = 0.425 GTQ
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1 GTQ = 1.054 MOP
1 MOP = 0.949 GTQ
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1 GTQ = 2.213 MDL
1 MDL = 0.452 GTQ
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1 GTQ = 2.353 NAD
1 NAD = 0.425 GTQ
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1 GTQ = 0.557 MYR
1 MYR = 1.794 GTQ
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1 GTQ = 0.050 OMR
1 OMR = 19.936 GTQ
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1 GTQ = 199.860 NGN
1 NGN = 0.005 GTQ
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1 GTQ = 0.538 PGK
1 PGK = 1.858 GTQ
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1 GTQ = 0.130 PAB
1 PAB = 7.674 GTQ
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1 GTQ = 0.467 PEN
1 PEN = 2.142 GTQ
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1 GTQ = 1.335 NOK
1 NOK = 0.749 GTQ
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1 GTQ = 0.480 PLN
1 PLN = 2.082 GTQ
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1 GTQ = 996.274 PYG
1 PYG = 0.001 GTQ
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1 GTQ = 0.474 QAR
1 QAR = 2.108 GTQ
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1 GTQ = 1.106 SBD
1 SBD = 0.904 GTQ
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1 GTQ = 0.489 SAR
1 SAR = 2.046 GTQ
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1 GTQ = 0.168 SGD
1 SGD = 5.953 GTQ
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1 GTQ = 2957.997 SLL
1 SLL = 0.000 GTQ
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1 GTQ = 4.233 THB
1 THB = 0.236 GTQ
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1 GTQ = 3.878 TWD
1 TWD = 0.258 GTQ
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1 GTQ = 5.448 UAH
1 UAH = 0.184 GTQ
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1 GTQ = 466.512 UGX
1 UGX = 0.002 GTQ
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1 GTQ = 4.804 SRD
1 SRD = 0.208 GTQ
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1 GTQ = 2781.626 STD
1 STD = 0.000 GTQ
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1 GTQ = 5.297 TRY
1 TRY = 0.189 GTQ
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1 GTQ = 0.883 TTD
1 TTD = 1.132 GTQ
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1 GTQ = 0.314 TOP
1 TOP = 3.187 GTQ
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1 GTQ = 1662.095 UZS
1 UZS = 0.001 GTQ
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1 GTQ = 31.353 YER
1 YER = 0.032 GTQ
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1 GTQ = 2.353 ZAR
1 ZAR = 0.425 GTQ
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1 GTQ = 13.177 RSD
1 RSD = 0.076 GTQ
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1 GTQ = 10.427 RUB
1 RUB = 0.096 GTQ
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1 GTQ = 74.471 SOS
1 SOS = 0.013 GTQ
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1 GTQ = 1.140 SVC
1 SVC = 0.877 GTQ
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1 GTQ = 1694.387 SYP
1 SYP = 0.001 GTQ
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1 GTQ = 2.353 SZL
1 SZL = 0.425 GTQ
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1 GTQ = 0.378 TND
1 TND = 2.644 GTQ
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1 GTQ = 5.241 UYU
1 UYU = 0.191 GTQ
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1 GTQ = 3416.676 VND
1 VND = 0.000 GTQ
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1 GTQ = 15.661 VUV
1 VUV = 0.064 GTQ
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1 GTQ = 0.362 WST
1 WST = 2.765 GTQ
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1 GTQ = 73.775 XAF
1 XAF = 0.014 GTQ
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1 GTQ = 0.353 XCD
1 XCD = 2.835 GTQ
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1 GTQ = 1.905 SCR
1 SCR = 0.525 GTQ
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1 GTQ = 1.258 SEK
1 SEK = 0.795 GTQ
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1 GTQ = 0.098 SHP
1 SHP = 10.190 GTQ
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1 GTQ = 333.984 TZS
1 TZS = 0.003 GTQ
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1 GTQ = 0.130 USD
1 USD = 7.674 GTQ
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1 GTQ = 13.421 XPF
1 XPF = 0.075 GTQ
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1 GTQ = 73.775 XOF
1 XOF = 0.014 GTQ
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Evolution of the GTQ Exchange Rate
The Guatemalan quetzal (GTQ) exchange rate has undergone various changes over time. Since its introduction in 1925, the quetzal has experienced both appreciations and depreciations against major currencies. In the early years following its introduction, the GTQ was pegged to the US dollar at a fixed rate. However, in 1985, the quetzal faced significant devaluations due to economic crises. Since then, the GTQ exchange rate has been allowed to float with its value determined by market forces.
Variations in the GTQ Exchange Rate
The GTQ exchange rate has experienced fluctuations against major currencies such as the US dollar, euro, and other Latin American currencies. These variations are influenced by factors such as Guatemala's economic performance, political stability, foreign investment, and global market trends. The GTQ exchange rate may appreciate during periods of economic growth and stability, and depreciate during times of economic uncertainty, inflation, or political instability.
Significance of GTQ in the Global Economy
While the Guatemalan quetzal is not a globally significant currency, it plays a crucial role in the regional economy. As Central America's largest economy, Guatemala's currency and exchange rate impact trade and investment within the region. The GTQ exchange rate can influence import and export competitiveness, foreign direct investment, and tourism. Additionally, remittances from Guatemalans working abroad, mainly in the United States, contribute to the country's foreign exchange reserves.
Shocks Experienced by GTQ and Correlation with Other Currencies
The GTQ exchange rate is susceptible to various shocks, including economic, political, and external factors. For example, natural disasters such as hurricanes or volcanic eruptions can disrupt the economy and affect the value of the quetzal. Additionally, changes in global commodity prices, interest rates, and investor sentiment towards emerging markets can impact the GTQ exchange rate. The correlation between GTQ and other currencies is influenced by factors such as trade flows, regional economic integration, and external shocks. Generally, the GTQ exchange rate exhibits a positive correlation with other regional currencies and major currencies like the US dollar.