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.
LBM to GTQ conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | Q0.3596 | 0.0200% / 0.0320%VIP 7 |
How to buy Libertum
Buy LBM (or USDT) for GTQ (Guatemalan Quetzal) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell LBM (or USDT) for GTQ (Guatemalan Quetzal) offers
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 Libertum to Guatemalan Quetzal?
Libertum to Guatemalan Quetzal is rising this week.Conversion tables
The exchange rate of Libertum is decreasing.LBM to GTQ
GTQ to LBM
Today vs. 24 hours ago
Amount | 06:35 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LBM | $0.02341 | $0.02324 | +0.73% |
1 LBM | $0.04682 | $0.04648 | +0.73% |
5 LBM | $0.2341 | $0.2324 | +0.73% |
10 LBM | $0.4682 | $0.4648 | +0.73% |
50 LBM | $2.34 | $2.32 | +0.73% |
100 LBM | $4.68 | $4.65 | +0.73% |
500 LBM | $23.41 | $23.24 | +0.73% |
1000 LBM | $46.82 | $46.48 | +0.73% |
Today vs. 1 month ago
Amount | 06:35 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 LBM | $0.02341 | $0.03910 | -40.16% |
1 LBM | $0.04682 | $0.07819 | -40.16% |
5 LBM | $0.2341 | $0.3910 | -40.16% |
10 LBM | $0.4682 | $0.7819 | -40.16% |
50 LBM | $2.34 | $3.91 | -40.16% |
100 LBM | $4.68 | $7.82 | -40.16% |
500 LBM | $23.41 | $39.1 | -40.16% |
1000 LBM | $46.82 | $78.19 | -40.16% |
Today vs. 1 year ago
Amount | 06:35 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 LBM | $0.02341 | $0.{4}4097 | -40.68% |
1 LBM | $0.04682 | $0.{4}8195 | -40.68% |
5 LBM | $0.2341 | $0.0004097 | -40.68% |
10 LBM | $0.4682 | $0.0008195 | -40.68% |
50 LBM | $2.34 | $0.004097 | -40.68% |
100 LBM | $4.68 | $0.008195 | -40.68% |
500 LBM | $23.41 | $0.04097 | -40.68% |
1000 LBM | $46.82 | $0.08195 | -40.68% |
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