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base info MMFinance (Arbitrum)

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MMF
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GTQ
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About Guatemalan Quetzal (GTQ)

The Guatemalan Quetzal (GTQ), the official currency of Guatemala, embodies the rich historical tapestry and economic evolution of this Central American nation. It is commonly abbreviated as GTQ and represented by the symbol Q. Named after the resplendent quetzal, a bird that holds deep cultural and symbolic significance in Mayan civilization, the Quetzal is more than just a medium of exchange. It's a testament to Guatemala's ancient roots and its journey through colonialism to modern economic development.

Historical Background

Introduced in 1925, the Guatemalan Quetzal replaced the Central American Republic peso. This change was more than a monetary reform; it symbolized Guatemala’s growing sense of national identity in the post-colonial era. The Quetzal’s introduction coincided with a period of significant economic and social change in Guatemala, marking the country's transition towards a modern economy.

Design and Symbolism

The design of the Guatemalan Quetzal is a vivid representation of the nation's history and culture. Banknotes and coins feature images of key historical figures, such as Tecun Uman, a revered Mayan leader, and Miguel García Granados, a former president instrumental in modernizing Guatemala. Additionally, they showcase national landmarks and symbols, including the resplendent quetzal itself, underscoring the currency’s deep connection to Guatemala's heritage.

Economic Role

The Quetzal plays a crucial role in Guatemala’s economy, supporting various sectors including agriculture, manufacturing, and services. As a key instrument in domestic and international transactions, the stability and value of the Quetzal are vital for economic growth, affecting everything from consumer prices to foreign investment.

Monetary Policy and Stability

The Bank of Guatemala, the country's central bank, regulates the Quetzal. Its policies focus on maintaining monetary stability, controlling inflation, and fostering sustainable economic growth. These measures are essential for maintaining the confidence of both domestic and international investors in Guatemala’s economy.

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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
Q0.01051
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$17.86971556
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0 MMF

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0.5 MMF
Q0.005253
1 MMF
Q0.01051
5 MMF
Q0.05253
10 MMF
Q0.1051
50 MMF
Q0.5253
100 MMF
Q1.05
500 MMF
Q5.25
1000 MMF
Q10.51

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coin.amountcalculator.detail.time_
0.5GTQ47.59  MMF
1GTQ95.19  MMF
5GTQ475.93  MMF
10GTQ951.86  MMF
50GTQ4,759.29  MMF
100GTQ9,518.58  MMF
500GTQ47,592.92  MMF
1000GTQ95,185.85  MMF

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0.5 MMF$0.0006806$0.0006808
-0.03%
1 MMF$0.001361$0.001362
-0.03%
5 MMF$0.006806$0.006808
-0.03%
10 MMF$0.01361$0.01362
-0.03%
50 MMF$0.06806$0.06808
-0.03%
100 MMF$0.1361$0.1362
-0.03%
500 MMF$0.6806$0.6808
-0.03%
1000 MMF$1.36$1.36
-0.03%

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0.5 MMF$0.0006806$0.0007071
-3.74%
1 MMF$0.001361$0.001414
-3.74%
5 MMF$0.006806$0.007071
-3.74%
10 MMF$0.01361$0.01414
-3.74%
50 MMF$0.06806$0.07071
-3.74%
100 MMF$0.1361$0.1414
-3.74%
500 MMF$0.6806$0.7071
-3.74%
1000 MMF$1.36$1.41
-3.74%

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0.5 MMF$0.0006806$0.002669
-74.50%
1 MMF$0.001361$0.005338
-74.50%
5 MMF$0.006806$0.02669
-74.50%
10 MMF$0.01361$0.05338
-74.50%
50 MMF$0.06806$0.2669
-74.50%
100 MMF$0.1361$0.5338
-74.50%
500 MMF$0.6806$2.67
-74.50%
1000 MMF$1.36$5.34
-74.50%

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