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Guatemalan Quetzal · GTQ

Q symbol · 1 country currently using this currency.

Currency info

Adopted: 1925

Currency family: Other

The quetzal bird depicted on the currency was considered sacred by the Aztecs and Mayans, making it a culturally significant choice for Guatemala's national currency.

  • Introduced in 1925 to replace the Guatemalan peso at a rate of 1 quetzal = 1 peso
  • Named after the quetzal bird, a sacred symbol in Aztec and Mayan cultures
  • Pegged to the US dollar from 1925 to 2000, maintaining a fixed exchange rate
  • Transitioned to a floating exchange rate in 2000 to reflect market conditions
  • Remains the sole legal currency of Guatemala since its adoption

Countries currently using this currency

Related

Historical predecessor

Guatemalan peso