RAK
GTQ
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Rake Finance(RAK) to Guatemalan Quetzal(GTQ). This is the real-time data. The current conversion shows 1 RAK at a value of 1 RAK for 57.39 GTQ . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
GTQ information
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.
Bitget crypto-to-fiat exchange data shows that the most popular Rake Finance currency pair is the RAK to GTQ, with for Rake Finance's currency code being RAK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GTQ.
RAK to GTQ conversion rate trend
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In the past 1D, Rake Finance has changed -0.60% to GTQ. Based on the trend and price charts, Rake Finance(RAK) has changed -0.60% to GTQ while Guatemalan Quetzal(GTQ) has changed % to RAK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Q57.61 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/29 08:32:31(UTC+0)
How to buy Rake Finance
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Buy Rake Finance (RAK)
Use a variety of payment options to buy Rake Finance on Bitget. We'll show you how.
Buy RAK (or USDT) for GTQ (Guatemalan Quetzal) offers
Bitget P2P trading does not currently support direct buying of RAK with GTQ. However, you can buy USDT in Bitget P2P trading first, and then buy RAK with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RAK (or USDT) for GTQ (Guatemalan Quetzal) offers
Bitget P2P trading currently does not support direct selling of RAK to GTQ. However, you can first exchange RAK for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Rake Finance to Guatemalan Quetzal?
Rake Finance to Guatemalan Quetzal is falling this week.Rake Finance's current market price is Q 57.39 per RAK, with a total market cap of Q 0 GTQ based on a circulating supply of -- RAK. The trading volume of Rake Finance has changed by -1.83% (Q -7,872.34 GTQ) in the last 24 hours. Last trading day, RAK's trading volume was Q 430,582.51.
Market cap
$0
24h volume
$54.76K
Circulating supply
0 RAK
Conversion tables
The exchange rate of Rake Finance is increasing.1 RAK is currently valued at Q 57.39 GTQ , which means buying 5 RAK will cost Q 286.97 GTQ . Similarly, Q1 GTQ can be traded for 0.01742 RAK, and Q50 GTQ can be converted to 0.8712 RAK, excluding any platform or gas fees.
The exchange rate of 1 RAK to Guatemalan Quetzal has changed by -18.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.60%, reaching a high of 58.28 GTQ and a low of 57.14 GTQ . One month ago, the value of 1 RAK was Q 48.55 GTQ , which represents a +18.21% change from its current value. Over the last year, Rake Finance has changed by , resulting in a change of -46.90% in its value.
-Q
50.68GTQRAK to GTQ
Amount
16:11 today
0.5 RAK
Q28.7
1 RAK
Q57.39
5 RAK
Q286.97
10 RAK
Q573.93
50 RAK
Q2,869.67
100 RAK
Q5,739.33
500 RAK
Q28,696.65
1000 RAK
Q57,393.3
GTQ to RAK
Amount16:11 today
0.5GTQ0.008712 RAK
1GTQ0.01742 RAK
5GTQ0.08712 RAK
10GTQ0.1742 RAK
50GTQ0.8712 RAK
100GTQ1.74 RAK
500GTQ8.71 RAK
1000GTQ17.42 RAK
Today vs. 24 hours ago
| Amount | 16:11 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAK | $3.72 | $3.74 | -0.60% |
| 1 RAK | $7.44 | $7.48 | -0.60% |
| 5 RAK | $37.18 | $37.4 | -0.60% |
| 10 RAK | $74.36 | $74.81 | -0.60% |
| 50 RAK | $371.78 | $374.04 | -0.60% |
| 100 RAK | $743.56 | $748.07 | -0.60% |
| 500 RAK | $3,717.81 | $3,740.35 | -0.60% |
| 1000 RAK | $7,435.62 | $7,480.71 | -0.60% |
Today vs. 1 month ago
| Amount | 16:11 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAK | $3.72 | $3.15 | +18.21% |
| 1 RAK | $7.44 | $6.29 | +18.21% |
| 5 RAK | $37.18 | $31.45 | +18.21% |
| 10 RAK | $74.36 | $62.9 | +18.21% |
| 50 RAK | $371.78 | $314.51 | +18.21% |
| 100 RAK | $743.56 | $629.02 | +18.21% |
| 500 RAK | $3,717.81 | $3,145.09 | +18.21% |
| 1000 RAK | $7,435.62 | $6,290.19 | +18.21% |
Today vs. 1 year ago
| Amount | 16:11 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAK | $3.72 | $7 | -46.90% |
| 1 RAK | $7.44 | $14 | -46.90% |
| 5 RAK | $37.18 | $70.01 | -46.90% |
| 10 RAK | $74.36 | $140.02 | -46.90% |
| 50 RAK | $371.78 | $700.09 | -46.90% |
| 100 RAK | $743.56 | $1,400.18 | -46.90% |
| 500 RAK | $3,717.81 | $7,000.91 | -46.90% |
| 1000 RAK | $7,435.62 | $14,001.81 | -46.90% |
Rake Finance price prediction
What will the price of RAK be in 2025?
Based on RAK's historical price performance prediction model, the price of RAK is projected to reach $9.81 in 2025.
What will the price of RAK be in 2030?
In 2030, the RAK price is expected to change by -9.00%. By the end of 2030, the RAK price is projected to reach $12.93, with a cumulative ROI of +73.02%.
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Popular Rake Finance conversions
Check out these popular currency conversions of Rake Finance to several fiat currencies.
Rake Finance to USD
1 RAK to $ 7.44 USD
Rake Finance to GBP
1 RAK to £ 5.91 GBP
Rake Finance to EUR
1 RAK to € 7.13 EUR
Rake Finance to KRW
1 RAK to ₩ 10,958.6 KRW
Rake Finance to CAD
1 RAK to $ 10.72 CAD
Rake Finance to AUD
1 RAK to $ 11.96 AUD
Rake Finance to JPY
1 RAK to ¥ 1,173.53 JPY
Rake Finance to BRL
1 RAK to R$ 46.07 BRL
Rake Finance to CNY
1 RAK to ¥ 54.29 CNY
Rake Finance to TWD
1 RAK to NT$ 244.06 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Rake Finance and GTQ.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Rake Finance and GTQ. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Rake Finance in GTQ, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
