Guatemalan quetzal

The Guatemalan quetzal is the currency of Guatemala (GT)
1 GTQ = 0.201 AUD
1 AUD = 4.965 GTQ
1 GTQ = 177.722 ARS
1 ARS = 0.006 GTQ
1 GTQ = 383.281 BIF
1 BIF = 0.003 GTQ
1 GTQ = 0.049 BHD
1 BHD = 20.405 GTQ
1 GTQ = 0.900 BOB
1 BOB = 1.111 GTQ
1 GTQ = 0.222 AZN
1 AZN = 4.513 GTQ
1 GTQ = 11.381 BTN
1 BTN = 0.088 GTQ
1 GTQ = 65.904 CRC
1 CRC = 0.015 GTQ
1 GTQ = 2.768 CZK
1 CZK = 0.361 GTQ
1 GTQ = 0.940 CNY
1 CNY = 1.064 GTQ
1 GTQ = 0.839 DKK
1 DKK = 1.191 GTQ
1 GTQ = 18.012 ETB
1 ETB = 0.056 GTQ
1 GTQ = 1131.427 GNF
1 GNF = 0.001 GTQ
1 GTQ = 0.848 HRK
1 HRK = 1.180 GTQ
1 GTQ = 2134.826 IDR
1 IDR = 0.000 GTQ
1 GTQ = 20.887 JMD
1 JMD = 0.048 GTQ
1 GTQ = 11.398 KGS
1 KGS = 0.088 GTQ
1 GTQ = 0.220 BAM
1 BAM = 4.544 GTQ
1 GTQ = 0.234 ANG
1 ANG = 4.269 GTQ
1 GTQ = 1.849 BWP
1 BWP = 0.541 GTQ
1 GTQ = 0.168 BND
1 BND = 5.951 GTQ
1 GTQ = 375.707 CDF
1 CDF = 0.003 GTQ
1 GTQ = 0.263 BZD
1 BZD = 3.808 GTQ
1 GTQ = 4274.840 BYR
1 BYR = 0.000 GTQ
1 GTQ = 0.220 BGN
1 BGN = 4.544 GTQ
1 GTQ = 0.180 CAD
1 CAD = 5.564 GTQ
1 GTQ = 17.068 DZD
1 DZD = 0.059 GTQ
1 GTQ = 1.955 ERN
1 ERN = 0.511 GTQ
1 GTQ = 6.344 EGP
1 EGP = 0.158 GTQ
1 GTQ = 0.295 FJD
1 FJD = 3.386 GTQ
1 GTQ = 0.098 GBP
1 GBP = 10.182 GTQ
1 GTQ = 0.098 FKP
1 FKP = 10.182 GTQ
1 GTQ = 1.000 GTQ
1 GTQ = 1.000 GTQ
1 GTQ = 1.023 HKD
1 HKD = 0.977 GTQ
1 GTQ = 44.844 HUF
1 HUF = 0.022 GTQ
1 GTQ = 170.767 IQD
1 IQD = 0.006 GTQ
1 GTQ = 5489.201 IRR
1 IRR = 0.000 GTQ
1 GTQ = 55.358 KMF
1 KMF = 0.018 GTQ
1 GTQ = 180.906 KRW
1 KRW = 0.006 GTQ
1 GTQ = 11.027 ALL
1 ALL = 0.091 GTQ
1 GTQ = 15.934 BDT
1 BDT = 0.063 GTQ
1 GTQ = 0.233 AWG
1 AWG = 4.286 GTQ
1 GTQ = 0.723 BRL
1 BRL = 1.384 GTQ
1 GTQ = 0.000 BCH
1 BCH = 4120.354 GTQ
1 GTQ = 0.000 BTC
1 BTC = 852455.556 GTQ
1 GTQ = 0.479 AED
1 AED = 2.089 GTQ
1 GTQ = 118.862 AOA
1 AOA = 0.008 GTQ
1 GTQ = 0.130 BSD
1 BSD = 7.672 GTQ
1 GTQ = 126.359 CLP
1 CLP = 0.008 GTQ
1 GTQ = 0.427 BYN
1 BYN = 2.339 GTQ
1 GTQ = 537.372 COP
1 COP = 0.002 GTQ
1 GTQ = 3.126 CUP
1 CUP = 0.320 GTQ
1 GTQ = 0.000 ETH
1 ETH = 27400.357 GTQ
1 GTQ = 0.113 EUR
1 EUR = 8.887 GTQ
1 GTQ = 3.417 HNL
1 HNL = 0.293 GTQ
1 GTQ = 9.470 GMD
1 GMD = 0.106 GTQ
1 GTQ = 0.098 GIP
1 GIP = 10.182 GTQ
1 GTQ = 17.110 HTG
1 HTG = 0.058 GTQ
1 GTQ = 0.092 JOD
1 JOD = 10.821 GTQ
1 GTQ = 19.265 JPY
1 JPY = 0.052 GTQ
1 GTQ = 8.959 AFN
1 AFN = 0.112 GTQ
1 GTQ = 0.261 BBD
1 BBD = 3.836 GTQ
1 GTQ = 0.130 BMD
1 BMD = 7.672 GTQ
1 GTQ = 49.989 AMD
1 AMD = 0.020 GTQ
1 GTQ = 0.105 CHF
1 CHF = 9.542 GTQ
1 GTQ = 23.253 DJF
1 DJF = 0.043 GTQ
1 GTQ = 7.921 DOP
1 DOP = 0.126 GTQ
1 GTQ = 12.408 CVE
1 CVE = 0.081 GTQ
1 GTQ = 0.353 GEL
1 GEL = 2.836 GTQ
1 GTQ = 1.368 GHS
1 GHS = 0.731 GTQ
1 GTQ = 27.262 GYD
1 GYD = 0.037 GTQ
1 GTQ = 0.445 ILS
1 ILS = 2.248 GTQ
1 GTQ = 11.381 INR
1 INR = 0.088 GTQ
1 GTQ = 16.104 ISK
1 ISK = 0.062 GTQ
1 GTQ = 522.940 KHR
1 KHR = 0.002 GTQ
1 GTQ = 16.840 KES
1 KES = 0.059 GTQ
1 GTQ = 0.040 KWD
1 KWD = 25.117 GTQ
1 GTQ = 70.772 KZT
1 KZT = 0.014 GTQ
1 GTQ = 39.268 LKR
1 LKR = 0.025 GTQ
1 GTQ = 1.183 MAD
1 MAD = 0.845 GTQ
1 GTQ = 273.557 MMK
1 MMK = 0.004 GTQ
1 GTQ = 468.492 MNT
1 MNT = 0.002 GTQ
1 GTQ = 6.101 MUR
1 MUR = 0.164 GTQ
1 GTQ = 51.956 MRO
1 MRO = 0.019 GTQ
1 GTQ = 2.008 MVR
1 MVR = 0.498 GTQ
1 GTQ = 226.157 MWK
1 MWK = 0.004 GTQ
1 GTQ = 0.220 NZD
1 NZD = 4.539 GTQ
1 GTQ = 18.218 NPR
1 NPR = 0.055 GTQ
1 GTQ = 7.552 PHP
1 PHP = 0.132 GTQ
1 GTQ = 36.987 PKR
1 PKR = 0.027 GTQ
1 GTQ = 188.217 RWF
1 RWF = 0.005 GTQ
1 GTQ = 0.001 LTC
1 LTC = 819.932 GTQ
1 GTQ = 2.458 MXN
1 MXN = 0.407 GTQ
1 GTQ = 4.795 NIO
1 NIO = 0.209 GTQ
1 GTQ = 0.571 RON
1 RON = 1.752 GTQ
1 GTQ = 117.308 KPW
1 KPW = 0.009 GTQ
1 GTQ = 0.107 KYD
1 KYD = 9.356 GTQ
1 GTQ = 11771.640 LBP
1 LBP = 0.000 GTQ
1 GTQ = 0.711 LYD
1 LYD = 1.407 GTQ
1 GTQ = 2804.799 LAK
1 LAK = 0.000 GTQ
1 GTQ = 578.586 MGA
1 MGA = 0.002 GTQ
1 GTQ = 26.158 LRD
1 LRD = 0.038 GTQ
1 GTQ = 7.019 MKD
1 MKD = 0.142 GTQ
1 GTQ = 2.356 LSL
1 LSL = 0.424 GTQ
1 GTQ = 1.054 MOP
1 MOP = 0.949 GTQ
1 GTQ = 2.241 MDL
1 MDL = 0.446 GTQ
1 GTQ = 2.356 NAD
1 NAD = 0.424 GTQ
1 GTQ = 0.558 MYR
1 MYR = 1.794 GTQ
1 GTQ = 0.050 OMR
1 OMR = 19.926 GTQ
1 GTQ = 199.519 NGN
1 NGN = 0.005 GTQ
1 GTQ = 0.537 PGK
1 PGK = 1.862 GTQ
1 GTQ = 0.130 PAB
1 PAB = 7.672 GTQ
1 GTQ = 0.467 PEN
1 PEN = 2.141 GTQ
1 GTQ = 1.335 NOK
1 NOK = 0.749 GTQ
1 GTQ = 0.480 PLN
1 PLN = 2.082 GTQ
1 GTQ = 974.571 PYG
1 PYG = 0.001 GTQ
1 GTQ = 0.474 QAR
1 QAR = 2.108 GTQ
1 GTQ = 1.077 SBD
1 SBD = 0.928 GTQ
1 GTQ = 0.489 SAR
1 SAR = 2.046 GTQ
1 GTQ = 0.168 SGD
1 SGD = 5.951 GTQ
1 GTQ = 2956.153 SLL
1 SLL = 0.000 GTQ
1 GTQ = 4.233 THB
1 THB = 0.236 GTQ
1 GTQ = 3.875 TWD
1 TWD = 0.258 GTQ
1 GTQ = 5.447 UAH
1 UAH = 0.184 GTQ
1 GTQ = 466.623 UGX
1 UGX = 0.002 GTQ
1 GTQ = 4.795 SRD
1 SRD = 0.209 GTQ
1 GTQ = 2782.159 STD
1 STD = 0.000 GTQ
1 GTQ = 5.294 TRY
1 TRY = 0.189 GTQ
1 GTQ = 0.882 TTD
1 TTD = 1.133 GTQ
1 GTQ = 0.312 TOP
1 TOP = 3.200 GTQ
1 GTQ = 1661.748 UZS
1 UZS = 0.001 GTQ
1 GTQ = 31.362 YER
1 YER = 0.032 GTQ
1 GTQ = 2.356 ZAR
1 ZAR = 0.424 GTQ
1 GTQ = 13.182 RSD
1 RSD = 0.076 GTQ
1 GTQ = 10.448 RUB
1 RUB = 0.096 GTQ
1 GTQ = 74.483 SOS
1 SOS = 0.013 GTQ
1 GTQ = 1.140 SVC
1 SVC = 0.877 GTQ
1 GTQ = 1694.699 SYP
1 SYP = 0.001 GTQ
1 GTQ = 2.356 SZL
1 SZL = 0.424 GTQ
1 GTQ = 0.378 TND
1 TND = 2.645 GTQ
1 GTQ = 5.242 UYU
1 UYU = 0.191 GTQ
1 GTQ = 3424.160 VND
1 VND = 0.000 GTQ
1 GTQ = 15.718 VUV
1 VUV = 0.064 GTQ
1 GTQ = 0.362 WST
1 WST = 2.764 GTQ
1 GTQ = 73.810 XAF
1 XAF = 0.014 GTQ
1 GTQ = 0.352 XCD
1 XCD = 2.839 GTQ
1 GTQ = 1.899 SCR
1 SCR = 0.527 GTQ
1 GTQ = 1.258 SEK
1 SEK = 0.795 GTQ
1 GTQ = 0.098 SHP
1 SHP = 10.182 GTQ
1 GTQ = 332.324 TZS
1 TZS = 0.003 GTQ
1 GTQ = 0.130 USD
1 USD = 7.672 GTQ
1 GTQ = 13.428 XPF
1 XPF = 0.074 GTQ
1 GTQ = 73.810 XOF
1 XOF = 0.014 GTQ

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.