Guatemalan quetzal
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1 GTQ = 0.194 AUD
1 AUD = 5.150 GTQ
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1 GTQ = 108.697 ARS
1 ARS = 0.009 GTQ
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1 GTQ = 366.184 BIF
1 BIF = 0.003 GTQ
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1 GTQ = 0.048 BHD
1 BHD = 20.713 GTQ
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1 GTQ = 0.885 BOB
1 BOB = 1.130 GTQ
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1 GTQ = 0.218 AZN
1 AZN = 4.592 GTQ
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1 GTQ = 10.600 BTN
1 BTN = 0.094 GTQ
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1 GTQ = 65.507 CRC
1 CRC = 0.015 GTQ
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1 GTQ = 2.969 CZK
1 CZK = 0.337 GTQ
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1 GTQ = 0.920 CNY
1 CNY = 1.087 GTQ
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1 GTQ = 0.875 DKK
1 DKK = 1.142 GTQ
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1 GTQ = 7.270 ETB
1 ETB = 0.138 GTQ
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1 GTQ = 1100.694 GNF
1 GNF = 0.001 GTQ
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1 GTQ = 0.885 HRK
1 HRK = 1.130 GTQ
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1 GTQ = 1990.662 IDR
1 IDR = 0.001 GTQ
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1 GTQ = 19.877 JMD
1 JMD = 0.050 GTQ
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1 GTQ = 11.455 KGS
1 KGS = 0.087 GTQ
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1 GTQ = 0.229 BAM
1 BAM = 4.365 GTQ
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1 GTQ = 0.231 ANG
1 ANG = 4.333 GTQ
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1 GTQ = 1.738 BWP
1 BWP = 0.575 GTQ
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1 GTQ = 0.170 BND
1 BND = 5.868 GTQ
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1 GTQ = 355.366 CDF
1 CDF = 0.003 GTQ
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1 GTQ = 0.258 BZD
1 BZD = 3.874 GTQ
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1 GTQ = 4182.067 BYR
1 BYR = 0.000 GTQ
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1 GTQ = 0.229 BGN
1 BGN = 4.364 GTQ
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1 GTQ = 0.173 CAD
1 CAD = 5.780 GTQ
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1 GTQ = 17.222 DZD
1 DZD = 0.058 GTQ
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1 GTQ = 1.921 ERN
1 ERN = 0.520 GTQ
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1 GTQ = 6.251 EGP
1 EGP = 0.160 GTQ
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1 GTQ = 0.286 FJD
1 FJD = 3.497 GTQ
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1 GTQ = 0.100 GBP
1 GBP = 9.963 GTQ
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1 GTQ = 0.100 FKP
1 FKP = 9.963 GTQ
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1 GTQ = 1.000 GTQ
1 GTQ = 1.000 GTQ
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1 GTQ = 1.002 HKD
1 HKD = 0.998 GTQ
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1 GTQ = 46.786 HUF
1 HUF = 0.021 GTQ
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1 GTQ = 167.755 IQD
1 IQD = 0.006 GTQ
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1 GTQ = 5384.591 IRR
1 IRR = 0.000 GTQ
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1 GTQ = 57.711 KMF
1 KMF = 0.017 GTQ
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1 GTQ = 168.145 KRW
1 KRW = 0.006 GTQ
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1 GTQ = 12.176 ALL
1 ALL = 0.082 GTQ
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1 GTQ = 14.054 BDT
1 BDT = 0.071 GTQ
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1 GTQ = 0.231 AWG
1 AWG = 4.337 GTQ
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1 GTQ = 0.638 BRL
1 BRL = 1.567 GTQ
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1 GTQ = 0.000 BCH
1 BCH = 3339.179 GTQ
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1 GTQ = 0.000 BTC
1 BTC = 557642.857 GTQ
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1 GTQ = 0.470 AED
1 AED = 2.126 GTQ
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1 GTQ = 106.836 AOA
1 AOA = 0.009 GTQ
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1 GTQ = 0.128 BSD
1 BSD = 7.807 GTQ
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1 GTQ = 123.435 CLP
1 CLP = 0.008 GTQ
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1 GTQ = 0.419 BYN
1 BYN = 2.387 GTQ
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1 GTQ = 501.173 COP
1 COP = 0.002 GTQ
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1 GTQ = 3.298 CUP
1 CUP = 0.303 GTQ
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1 GTQ = 0.000 ETH
1 ETH = 31353.414 GTQ
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1 GTQ = 0.117 EUR
1 EUR = 8.518 GTQ
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1 GTQ = 3.162 HNL
1 HNL = 0.316 GTQ
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1 GTQ = 8.707 GMD
1 GMD = 0.115 GTQ
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1 GTQ = 0.100 GIP
1 GIP = 9.963 GTQ
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1 GTQ = 16.978 HTG
1 HTG = 0.059 GTQ
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1 GTQ = 0.091 JOD
1 JOD = 11.013 GTQ
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1 GTQ = 18.932 JPY
1 JPY = 0.053 GTQ
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1 GTQ = 9.084 AFN
1 AFN = 0.110 GTQ
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1 GTQ = 0.256 BBD
1 BBD = 3.904 GTQ
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1 GTQ = 0.128 BMD
1 BMD = 7.807 GTQ
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1 GTQ = 51.581 AMD
1 AMD = 0.019 GTQ
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1 GTQ = 0.113 CHF
1 CHF = 8.883 GTQ
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1 GTQ = 22.804 DJF
1 DJF = 0.044 GTQ
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1 GTQ = 7.568 DOP
1 DOP = 0.132 GTQ
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1 GTQ = 12.914 CVE
1 CVE = 0.077 GTQ
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1 GTQ = 0.340 GEL
1 GEL = 2.940 GTQ
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1 GTQ = 1.642 GHS
1 GHS = 0.609 GTQ
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1 GTQ = 26.820 GYD
1 GYD = 0.037 GTQ
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1 GTQ = 0.469 ILS
1 ILS = 2.134 GTQ
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1 GTQ = 10.604 INR
1 INR = 0.094 GTQ
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1 GTQ = 17.457 ISK
1 ISK = 0.057 GTQ
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1 GTQ = 518.618 KHR
1 KHR = 0.002 GTQ
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1 GTQ = 17.805 KES
1 KES = 0.056 GTQ
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1 GTQ = 0.039 KWD
1 KWD = 25.414 GTQ
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1 GTQ = 57.468 KZT
1 KZT = 0.017 GTQ
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1 GTQ = 39.336 LKR
1 LKR = 0.025 GTQ
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1 GTQ = 1.285 MAD
1 MAD = 0.778 GTQ
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1 GTQ = 268.927 MMK
1 MMK = 0.004 GTQ
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1 GTQ = 441.911 MNT
1 MNT = 0.002 GTQ
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1 GTQ = 5.865 MUR
1 MUR = 0.170 GTQ
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1 GTQ = 50.920 MRO
1 MRO = 0.020 GTQ
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1 GTQ = 1.973 MVR
1 MVR = 0.507 GTQ
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1 GTQ = 215.560 MWK
1 MWK = 0.005 GTQ
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1 GTQ = 0.208 NZD
1 NZD = 4.798 GTQ
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1 GTQ = 16.960 NPR
1 NPR = 0.059 GTQ
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1 GTQ = 7.098 PHP
1 PHP = 0.141 GTQ
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1 GTQ = 35.747 PKR
1 PKR = 0.028 GTQ
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1 GTQ = 164.359 RWF
1 RWF = 0.006 GTQ
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1 GTQ = 0.001 LTC
1 LTC = 757.814 GTQ
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1 GTQ = 2.156 MXN
1 MXN = 0.464 GTQ
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1 GTQ = 4.713 NIO
1 NIO = 0.212 GTQ
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1 GTQ = 0.583 RON
1 RON = 1.715 GTQ
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1 GTQ = 115.281 KPW
1 KPW = 0.009 GTQ
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1 GTQ = 0.107 KYD
1 KYD = 9.370 GTQ
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1 GTQ = 11467.516 LBP
1 LBP = 0.000 GTQ
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1 GTQ = 0.615 LYD
1 LYD = 1.625 GTQ
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1 GTQ = 2672.550 LAK
1 LAK = 0.000 GTQ
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1 GTQ = 576.365 MGA
1 MGA = 0.002 GTQ
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1 GTQ = 24.542 LRD
1 LRD = 0.041 GTQ
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1 GTQ = 7.233 MKD
1 MKD = 0.138 GTQ
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1 GTQ = 2.379 LSL
1 LSL = 0.420 GTQ
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1 GTQ = 1.032 MOP
1 MOP = 0.969 GTQ
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1 GTQ = 2.248 MDL
1 MDL = 0.445 GTQ
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1 GTQ = 2.379 NAD
1 NAD = 0.420 GTQ
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1 GTQ = 0.599 MYR
1 MYR = 1.669 GTQ
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1 GTQ = 0.049 OMR
1 OMR = 20.280 GTQ
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1 GTQ = 201.766 NGN
1 NGN = 0.005 GTQ
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1 GTQ = 0.489 PGK
1 PGK = 2.045 GTQ
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1 GTQ = 0.128 PAB
1 PAB = 7.807 GTQ
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1 GTQ = 0.473 PEN
1 PEN = 2.116 GTQ
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1 GTQ = 1.347 NOK
1 NOK = 0.742 GTQ
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1 GTQ = 0.503 PLN
1 PLN = 1.986 GTQ
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1 GTQ = 933.583 PYG
1 PYG = 0.001 GTQ
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1 GTQ = 0.467 QAR
1 QAR = 2.141 GTQ
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1 GTQ = 1.081 SBD
1 SBD = 0.925 GTQ
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1 GTQ = 0.480 SAR
1 SAR = 2.082 GTQ
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1 GTQ = 0.171 SGD
1 SGD = 5.857 GTQ
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1 GTQ = 2685.987 SLL
1 SLL = 0.000 GTQ
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1 GTQ = 4.578 THB
1 THB = 0.218 GTQ
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1 GTQ = 4.031 TWD
1 TWD = 0.248 GTQ
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1 GTQ = 4.931 UAH
1 UAH = 0.203 GTQ
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1 GTQ = 500.459 UGX
1 UGX = 0.002 GTQ
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1 GTQ = 4.530 SRD
1 SRD = 0.221 GTQ
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1 GTQ = 2854.080 STD
1 STD = 0.000 GTQ
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1 GTQ = 4.105 TRY
1 TRY = 0.244 GTQ
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1 GTQ = 0.870 TTD
1 TTD = 1.149 GTQ
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1 GTQ = 0.302 TOP
1 TOP = 3.306 GTQ
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1 GTQ = 1605.060 UZS
1 UZS = 0.001 GTQ
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1 GTQ = 32.061 YER
1 YER = 0.031 GTQ
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1 GTQ = 2.398 ZAR
1 ZAR = 0.417 GTQ
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1 GTQ = 13.761 RSD
1 RSD = 0.073 GTQ
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1 GTQ = 11.698 RUB
1 RUB = 0.085 GTQ
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1 GTQ = 73.189 SOS
1 SOS = 0.014 GTQ
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1 GTQ = 1.121 SVC
1 SVC = 0.892 GTQ
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1 GTQ = 321.830 SYP
1 SYP = 0.003 GTQ
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1 GTQ = 2.378 SZL
1 SZL = 0.421 GTQ
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1 GTQ = 0.397 TND
1 TND = 2.521 GTQ
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1 GTQ = 4.973 UYU
1 UYU = 0.201 GTQ
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1 GTQ = 3157.653 VND
1 VND = 0.000 GTQ
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1 GTQ = 15.207 VUV
1 VUV = 0.066 GTQ
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1 GTQ = 0.359 WST
1 WST = 2.788 GTQ
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1 GTQ = 77.005 XAF
1 XAF = 0.013 GTQ
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1 GTQ = 0.346 XCD
1 XCD = 2.889 GTQ
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1 GTQ = 1.720 SCR
1 SCR = 0.581 GTQ
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1 GTQ = 1.313 SEK
1 SEK = 0.762 GTQ
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1 GTQ = 0.100 SHP
1 SHP = 9.963 GTQ
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1 GTQ = 326.549 TZS
1 TZS = 0.003 GTQ
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1 GTQ = 0.128 USD
1 USD = 7.807 GTQ
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1 GTQ = 14.009 XPF
1 XPF = 0.071 GTQ
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1 GTQ = 77.005 XOF
1 XOF = 0.013 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.