
The Guatemalan quetzal is the official currency of Guatemala, and it's always good to know the current exchange rates to avoid any confusion during your trip.
As of the latest update, the exchange rate for Guatemalan quetzal to Indian rupee (INR) is approximately 1 QGT = 12.5 INR.
You can exchange your money at the airport, banks, or currency exchange offices, but be aware that exchange rates may vary depending on the location and the service provider.
If you're planning to use ATMs to withdraw cash, make sure your card is compatible with Guatemalan ATMs and inform your bank about your travel plans to avoid any issues.
A unique perspective: How Are Spot Exchange Rates Determined
Converting to INR
Converting to INR is a straightforward process. You can simply use a currency converter or a conversion table to find out how much your Guatemalan quetzals are worth in Indian rupees.
To convert GTQ to INR, you can use the conversion rates provided in the table. For example, 1 GTQ is equal to 11.22835 INR.
You might like: Eur Usd Exchange Rate Graph
If you want to convert a specific amount, you can type it in and use a currency converter. Our currency converter will show you the current GTQ to INR rate and how it's changed over the past day, week, or month.
Here's a quick reference table to help you convert GTQ to INR:
You can also check the conversion rates for specific amounts, like 600 Quetzal, which is equal to 6726 Indian Rupees.
Exchange Rates and History
The Guatemalan Quetzal to Indian Rupee exchange rate has seen some fluctuations over the past 10 days, with a notable change in value.
The exchange rate for 600 Guatemalan Quetzals (GTQ) to Indian Rupees (INR) on January 19, 2025, was 6726 INR.
A closer look at the historical chart shows that the GTQ/INR rate has increased by 4.00% in the last six months. This means the Guatemalan Quetzal has gained value compared to the Indian Rupee.
You might like: Australian Dollar to Guatemalan Quetzal
Here's a breakdown of the exchange rate for 600 GTQ to INR over the past 10 days:
10 Days History
In the 10 days history of Quetzal to Indian Rupee exchange rate, we can see some interesting fluctuations. On 19 January 2025, 600 GTQ was equal to 6726 INR.
The highest exchange rate during this period was 6754.7 INR, which was recorded on 16 January 2025. This is the highest value we see in the 10-day history.
On 13 January 2025, the exchange rate dropped to 6671.96 INR. This is one of the lowest values recorded during the 10-day period.
Here's a summary of the exchange rate over the 10 days:
The exchange rate varied significantly over the 10-day period, with a difference of 83.73 INR between the highest and lowest values.
Recent History
The recent history of exchange rates is a fascinating topic. The Bretton Woods system, established in 1944, pegged currencies to the US dollar, which was in turn pegged to gold. This system lasted until 1971, when the US abandoned the gold standard.
In 1973, the Smithsonian Agreement introduced a new exchange rate system, allowing currencies to float against each other. This led to significant fluctuations in exchange rates, making it more challenging for businesses and travelers to navigate international transactions.
The Plaza Accord in 1985 marked a significant turning point in exchange rates, as major economies agreed to intervene in the foreign exchange market to depreciate the US dollar. This led to a sharp decline in the value of the dollar against other major currencies.
The Asian financial crisis of 1997-1998 saw a sharp decline in the value of several Asian currencies, including the Thai baht and the Indonesian rupiah. This highlighted the importance of exchange rates in international trade and finance.
Explore further: Digital Currencies in the World
Exchange Rate Information
The exchange rate between Guatemala's currency, GTQ, and India's currency, INR, can be influenced by various factors. Economic indicators such as GDP growth, inflation, and interest rates can impact the exchange rate.
Geopolitical events like elections and trade agreements can also affect the exchange rate. Central bank decisions, including interest rate changes, can have a significant impact on the exchange rate.
To get the best exchange rate, it's essential to be aware of the interbank exchange rate, which is the rate at which banks trade currencies with each other. This rate can give you a clear idea of the market rate and help you avoid hidden charges and commissions.
Here are the 1 GTQ to INR stats for the last 30 and 90 days:
- 30-day high: 11.2333, 30-day low: 11.0121, 30-day average: 11.1239, change: 1.78%
- 90-day high: 11.2333, 90-day low: 10.8705, 90-day average: 11.0018, change: 3.19%
Stats
The exchange rate between GTQ and INR has fluctuated significantly over the past 30 days, with a 30 day high of 11.2333.
The 30 day average exchange rate for GTQ to INR is 11.1239. This indicates a relatively stable trend in the exchange rate.
A 30 day change of 1.78 in the exchange rate for GTQ to INR suggests a moderate increase in value.
The 90 day high for GTQ to INR is 11.2333. This is a significant increase from the 90 day low of 10.8705.
The 90 day average exchange rate for GTQ to INR is 11.0018. This shows a slight decrease in value over the past three months.
The change in exchange rate for GTQ to INR over the past 90 days is 3.19, indicating a moderate increase in value.
Worth a look: Is Iraqi Money Worth Anything
Exchange Rate
The exchange rate between GTQ and INR can be influenced by various factors. Economic indicators such as GDP growth, inflation, and interest rates can significantly impact the exchange rate.
In the last 30 days, the performance of GTQ to INR saw a 30 day high of 11.2333 and a 30 day low of 11.0121, with an average of 11.1239.
Central bank decisions, like interest rate changes, can also affect the exchange rate. This can lead to fluctuations in the value of currencies.
The 30 day change for GTQ to INR was 1.78. This indicates a relatively stable exchange rate over the past month.
In the last 90 days, the performance of GTQ to INR saw a 90 day high of 11.2333 and a 90 day low of 10.8705, with an average of 11.0018. The 90 day change for GTQ to INR was 3.19.
Here's a summary of the 30 and 90 day performance of GTQ to INR:
Potential Exchange Losses
Banks and currency brokers often take large spreads, commissions, and hidden charges when sending money abroad or selling travel money.
These charges can add up quickly, leaving you with less money than you expected.
The interbank exchange rate is the live prevailing rate at which banks trade currencies with each other, and it's usually much more favorable than the rates offered by banks and currency brokers.
By using a transparent currency specialist online, you can access the interbank exchange rate and see the expected margin from the live rate, ensuring you're not losing money on unnecessary charges.
Banks often hide these charges, making it difficult to compare prices and find the best deal.
Using a transparent currency specialist can help you avoid these hidden charges and make a direct comparison with other providers.
Discover more: Inter Bank Forex Rates
Featured Images: pexels.com