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Encyclopedia > Guatemalan quetzal
Guatemalan quetzal
quetzal guatemalteco (Spanish)
Q1 banknote is no longer in use
ISO 4217 Code GTQ
User(s) Guatemala
Inflation 6.6%
Source The World Factbook, 2006 est.
Subunit
1/100 centavo
Symbol Q
Plural quetzales
Coins 1, 5, 10, 25, 50 centavo, 1 quetzal
Banknotes 5, 10, 20, 50, 100 quetzales
Central bank Banco de Guatemala
Website www.banguat.gob.gt

The quetzal (ISO 4217 code: GTQ) is the currency of Guatemala. It is named after the national bird of Guatemala, the Resplendent Quetzal and is divided into 100 centavos. The plural can be either quetzales (as it is in Spanish) or quetzals (in a slightly anglicised form). In ancient Mayan culture, the quetzal bird's tail feathers were used as currency. Having a currency named after the bird carries a strong historical value indicative of the native peoples of Guatemala. Image File history File links Size of this preview: 800 × 338 pixelsFull resolution (835 × 353 pixel, file size: 110 KB, MIME type: image/jpeg) Guatemalan 1 Quetzal Banknote This image depicts a unit of currency. ... Centavo is a Spanish word derived from the Latin Centum meaning hundred. It is a fractional monetary unit, used to represent one hundredth of a basic monetary unit in many countries around the world including: Argentina Bolivia Brazil Cape Verde Chile Colombia Dominican Republic Ecuador El Salvador Guatemala Guinea-Bissau... Look up Plural in Wiktionary, the free dictionary Plural is a grammatical number, typically referring to more than one of the referent in the real world. ... The Bank of Guatemala (Spanish: ) is the central bank of Guatemala. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ... “Aves” redirects here. ... Binomial name Pharomachrus mocinno (De la Llave, 1832) Ref: ITIS 553589 For other uses, see Resplendent Quetzal (disambiguation). ... The Maya civilization is a Mesoamerican civilization, noted for the only known fully developed written language of the pre-Columbian Americas, as well as its spectacular art, monumental architecture, and sophisticated mathematical and astronomical systems. ...

Contents

History

The quetzal was introduced in 1925 during the term of President José María Orellana, whose image appears on the obverse of the one-quetzal bill. It replaced the peso. Until 1987, the quetzal was pegged to and domestically equal to the US dollar. 1925 (MCMXXV) was a common year starting on Thursday (link will display the full calendar). ... José María Orellana Pinto (July 11, 1872 – September 26, 1926) was Guatemalan politician, President of Guatemala from December 10, 1921 to September 26, 1926. ... The peso was the currency of Guatemala between 1859 and 1925. ... Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic  - President George Walker Bush (R)  - Vice President Dick Cheney (R) Independence from... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, Maldives the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...


Coins

In 1925, coins in denominations of 1, 5, 10 centavos, ¼, ½ and 1 quetzal were introduced, although the majority of the 1 quetzal coins were withdrawn from circulation and melted. ½ and 2 centavos coins were added in 1932. Until 1965, coins of 5 centavos and above were minted in 72% silver. ½ and 1 quetzal coins were reintroduced in 1998 and 1999, respectively. Coins currently in circulation are [1] This article does not cite its references or sources. ... 1965 (MCMLXV) was a common year starting on Friday (the link is to a full 1965 calendar). ...

  • 1 centavo
  • 5 centavos
  • 10 centavos
  • 25 centavos
  • 50 centavos
  • 1 quetzal

Banknotes

The first banknotes were issued by the Central Bank of Guatemala in denominations of 1, 2, 5, 10, 20 and 100 quetzales, with ½ quetzal notes added in 1933. In 1946, the Bank of Guatemala took over the issuance of paper money, with its first issues being overprints on notes of the Central Bank. Except for the introduction of 50 quetzales notes in 1967, the denominations of banknotes were unchanged until ½ and 1 quetzal coins replaced notes at the end of the 1990s. 1933 (MCMXXXIII) was a common year starting on Sunday. ... 1946 (MCMXLVI) was a common year starting on Tuesday. ... A £20 Bank of England banknote. ... 1967 (MCMLXVII) was a common year starting on Sunday of the Gregorian calendar (the link is to a full 1967 calendar). ... For the band, see 1990s (band). ...

Banknotes in Circulation [2]
Image Value Main Colour Description Remark
Obverse Reverse Obverse Reverse
Q0.50 Brown Tecún Umán Tikal's Temple I Not in circulation but still recognized
Q1 Green José María Orellana Main building of the Central Bank of Guatemala Not in circulation but still recognized, will be reintroduced as a polymer banknote sometime in 2007
Q5 Voilet Justo Rufino Barrios Education allegory
Q10 Red Miguel García Granados Picture from the Guatemalan National Assembly of 1872
Q20 Blue Mariano Gálvez Signing of the declaration of Central American independence
Q50 Orange Carlos Zachrisson, former finance minister from 1923 to 1926 Allegory of the importance of coffee to the country
Q100 Light brown Francisco Marroquín, founder of the Universidad de San Carlos de Guatemala First university building in Antigua Guatemala
For table standards, see the banknote specification table.

The Bank of Guatemala has previously stated its intention to briefly introduce a polymer banknote of 1 quetzal, as well as denominations of 200, 500 and 1000 quetzals sometime in 2007.[1] Image File history File links No higher resolution available. ... Statue of Tecún Umán in Quetzaltenango, Guatemala. ... Tikal (or Tik’al, according to the more current orthography) is the largest of the ancient ruined cities of the Maya civilization. ... View of Temple I from the Grand Plaza Tikal Temple I is the designation given to one of the major structures at Tikal, one of the largest cities and archaeological sites of the pre-Columbian Maya civilization in Mesoamerica, located in the Petén Basin region of northern Guatemala. ... Image File history File links No higher resolution available. ... José María Orellana Pinto (July 11, 1872 – September 26, 1926) was Guatemalan politician, President of Guatemala from December 10, 1921 to September 26, 1926. ... The Bank of Guatemala (Spanish: ) is the central bank of Guatemala. ... The first Guardian polymer banknote in circulation. ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... Image File history File links No higher resolution available. ... Justo Rufino Barrios (July 19, 1835 – April 2, 1885) was a President of Guatemala known for his liberal reforms and his attempts to reunite Central America. ... Image File history File links No higher resolution available. ... Miguel García Granados Zavala (September 29, 1809 – September 8, 1878) was President of Guatemala from 29 June 1871 to 4 June 1873. ... Year 1872 (MDCCCLXXII) was a leap year starting on Monday (link will display the full calendar) of the Gregorian Calendar (or a leap year starting on Wednesday of the 12-day slower Julian calendar). ... Image File history File links No higher resolution available. ... Mariano Gálvez José Felipe Mariano Gálvez (b. ... For other uses, see Central America (disambiguation). ... Image File history File links No higher resolution available. ... The finance minister is a cabinet position in a government. ... 1923 (MCMXXIII) was a common year starting on Monday (link will display the full calendar). ... 1926 (MCMXXVI) was a common year starting on Friday (link will display the full calendar). ... Image File history File links No higher resolution available. ... The Universidad de San Carlos de Borromeo de Guatemala (USAC) was one of the first universities in America. ... Antigua Guatemala (commonly referred to as just Antigua or La Antigua) is a city in the central mountains of Guatemala famous for its well-preserved Spanish New World Baroque architecture as well as a number of spectacular ruined churches. ... The first Guardian polymer banknote in circulation. ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ...

Current GTQ exchange rates
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Reference


  Results from FactBites:
 
Resplendent Quetzal - Wikipedia, the free encyclopedia (893 words)
The Resplendent Quetzal (Pharomachrus mocinno) is a spectacular bird of the trogon family.
The Resplendent Quetzal is Guatemala's national bird, and an image of it is on the flag and the national seal of that country.
The bird is of great relevance to Guatemalan culture, being a character in the widely popular legend of the local hero Tecún Umán, a prince and warrior of the Quiché (a Mayan tribe) at the time of the Spanish conquest.
Guatemalan quetzal - Wikipedia, the free encyclopedia (146 words)
The quetzal (ISO 4217 code: GTQ) is the national unit of currency of Guatemala.
In ancient Mayan culture, the quetzal bird's tail feathers were used as currency.
The quetzal was introduced in 1925, replacing the peso.
  More results at FactBites »

 
 

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