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Guatemalan quetzal

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Image:Guatemalan quetzal-1-obverse.jpg

ISO 4217 Code GTQ

User(s) Guatemala

Inflation 9.1%

Source The World Factbook, 2005

Subunit

1/100 centavo

Symbol Q

Plural quetzales

Coins 1, 5, 10, 25, 50 centavo, 1 quetzal

Banknotes 5, 10, 20, 50, 100 quetzales

Central bank

Banco de Guatemala

Website www.banguat.gob.gt

The quetzal (ISO 4217 code: GTQ) is the national unit of currency of Guatemala. It is named after the national bird of Guatemala, the Resplendent Quetzal. It is divided into 100 centavos. The plural can be either quetzales (as it is in Spanish) or quetzals (in a slightly anglicised form). In ancient Mayan culture, the quetzal bird's tail feathers were used as currency. Having a currency named after the bird carries a strong historical value indicative of the native peoples of Guatemala.

The quetzal was introduced in 1925 during president José María Orellana's term. It replaced the peso. Orellana's image appears on the obverse of the one-quetzal bill.

Until 1979 it was pegged to and domestically equal to the US dollar.

Coins in circulation[1]

1 centavo
5 centavos
10 centavos
25 centavos
50 centavos
1 quetzal

Banknotes in circulation[2]

5 quetzales
10 quetzales
20 quetzales
50 quetzales
100 quetzales

Current GTQ exchange rates

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Currencies of the Americas
Northern America	Bermuda dollar \| Canadian dollar \| Danish krone (Greenland) \| Euro (Saint-Pierre et Miquelon) \| US dollar \| Mexican peso
Central America <td> Belize dollar \| Costa Rican colón \| Guatemalan quetzal \| Honduran lempira \| Nicaraguan córdoba \| Panamanian balboa \| US dollar (El Salvador)
Caribbean	Aruban florin \| Bahamian dollar \| Barbados dollar \| Cayman Islands dollar \| Cuban peso \| Cuban convertible peso \| Dominican peso \| East Caribbean dollar \| Euro (Guadeloupe, Martinique) \| Haitian gourde \| Jamaican dollar \| Netherlands Antillean gulden \| Trinidad and Tobago dollar \| US dollar (British Virgin Islands, Puerto Rico, Turks and Caicos Islands, U.S. Virgin Islands)
South America	Argentine peso \| Bolivian boliviano \| Brazilian real \| Chilean peso \| Colombian peso \| Euro (French Guiana) \| Falkland Islands pound \| Guyanese dollar \| Paraguayan guaraní \| Peruvian nuevo sol \| Suriname dollar \| US dollar (Ecuador) \| Uruguayan peso \| Venezuelan bolívar
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