USD to GTQ (Dollars to Quetzales)
GTQ to USD (Quetzales to Dollars)
Average rate is typically between 7.75 and 7.85
Initial Amount:
Exchange Rate Used:
Fees Deducted:
Total Converted:
*Rates fluctuate daily based on Banco de Guatemala and market conditions.
Understanding the Exchange Rate in Guatemala
Whether you are traveling to Antigua, sending remittances to family in Guatemala City, or conducting business, understanding the exchange rate between the US Dollar (USD) and the Guatemalan Quetzal (GTQ) is essential. The Quetzal has historically been one of the most stable currencies in Latin America against the dollar.
Current Market Context: The exchange rate typically hovers around Q7.70 to Q7.90 for every $1.00 USD. This rate is monitored by the Banco de Guatemala to ensure economic stability.
How to Use This Calculator
This tool is designed specifically for conversions involving the Guatemalan Quetzal. Here is how to interpret the inputs:
Conversion Direction: Select whether you are buying Quetzales with Dollars (USD to GTQ) or buying Dollars with Quetzales (GTQ to USD).
Amount: Enter the total cash amount you wish to convert.
Exchange Rate: While we provide a default average (7.80), you should input the specific rate provided by your bank or remittance service (like Remitly, Xoom, or Western Union) for accuracy.
Transfer Fee: If you are sending money internationally, services often charge a percentage fee. Enter that here to see the net amount received.
Factors That Influence the Quetzal (GTQ)
Several factors impact how many Quetzales you get for your Dollar:
Remittances (Remesas): Money sent home by Guatemalans living abroad is a massive influx of foreign currency, which helps stabilize the exchange rate.
Exports: Prices of key Guatemalan exports like coffee, sugar, and bananas affect the demand for the Quetzal.
Tourism: High seasons in tourist hubs like Lake Atitlán and Tikal increase the demand for local currency.
Banking vs. Street Exchange
In Guatemala, you will find slightly different rates depending on where you exchange money. Banks (like Banco Industrial or Banrural) offer secure transactions but may have long lines and stricter requirements (passport required). "Street" exchange requires caution and is generally not recommended for large sums, though it may offer slightly more competitive rates in border towns.
function updateLabels() {
var direction = document.getElementById('conversionDirection').value;
var amountLabel = document.getElementById('amountLabel');
if (direction === 'USD_TO_GTQ') {
amountLabel.textContent = 'Amount in USD ($)';
} else {
amountLabel.textContent = 'Amount in Quetzales (Q)';
}
}
function calculateExchange() {
// 1. Get Inputs
var amount = parseFloat(document.getElementById('amountInput').value);
var rate = parseFloat(document.getElementById('exchangeRate').value);
var feePercent = parseFloat(document.getElementById('transferFee').value);
var direction = document.getElementById('conversionDirection').value;
var resultArea = document.getElementById('result-area');
// 2. Validate Inputs
if (isNaN(amount) || amount < 0) {
alert("Please enter a valid positive amount.");
return;
}
if (isNaN(rate) || rate <= 0) {
alert("Please enter a valid exchange rate.");
return;
}
if (isNaN(feePercent) || feePercent 0) {
document.getElementById('res-fees').innerHTML = "-" + sourceSymbol + formatMoney(feeAmount) + " (" + feePercent + "%)";
} else {
document.getElementById('res-fees').innerHTML = "No Fee";
}
document.getElementById('res-final').innerHTML = targetSymbol + formatMoney(convertedValue);
}
function formatMoney(number) {
return number.toLocaleString('en-US', { minimumFractionDigits: 2, maximumFractionDigits: 2 });
}