GTQ - Guatemalan Quetzal currency

The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, a country known for its lush rainforests, Mayan heritage, and diverse culture. Named after the Quetzal bird, a symbol of freedom and Guatemala’s national emblem, the currency reflects the country’s rich history and traditions. The Quetzal was introduced in 1925 to replace the Peso, and it has since become a stable medium of exchange. The currency is issued and regulated by the Bank of Guatemala, which ensures monetary stability and fosters economic growth. The GTQ is subdivided into 100 centavos and is widely used across Guatemala for all forms of transactions, from small market purchases to large business dealings. Banknotes and coins of the Quetzal feature vivid designs that showcase Guatemala’s cultural and natural wealth, including images of the Quetzal bird, Mayan ruins, and prominent national leaders. The Quetzal’s value is closely tied to Guatemala’s economy, which relies on exports of coffee, sugar, and textiles, as well as remittances from Guatemalans living abroad. While the Quetzal is not a globally traded currency, it is central to Guatemala’s domestic economy and a source of pride for its people.