Currency Information on Guatemalan Quetzal - GTQ— Guatemalan quetzal – Q
The Guatemalan quetzal (pronounced ‘Ketzal’) is named after the quetzal bird, whose tail feathers used to be used in place of currency in ancient Mayan culture. 1 quetzal subdivides into 100 centavos, known as ‘lenes’ in Guatemalan slang.
Coins circulate in denominations of 1, 5, 10, 25 and 50 centavos and 1 quetzal, whilst banknotes in circulation are available in denominations of 50 centavos, 1, 5, 10, 20, 50, 100 and 200 quetzals.
We are an international business and work with companies around the world, especially California in the US and Australia. Our providers are based in different countries so we need to be constantly up to date about the current foreign exchange rates. Otherwise, we would be wasting money during the currency transfer process and obviously this is not what a business wants.
Comment written by Victoria Brown Wine Industry.
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