Guatemala Currency Converter
Convert between Guatemalan quetzales (GTQ) and US dollars (USD) using the official Banguat reference rate.
Today's Bank Rates
Buy and sell rates from Guatemala's major banks. Lower spread = better rate for you.
The Guatemalan quetzal (GTQ) is the official currency of Guatemala, named after the country’s national bird. The quetzal has been remarkably stable against the US dollar for years, hovering between Q7.60 and Q7.80 per dollar since 2020. This stability makes Guatemala an attractive destination for expats, remote workers, and retirees who earn in dollars.
Guatemala’s central bank, Banguat (Banco de Guatemala), publishes a daily reference exchange rate that serves as the benchmark for all currency transactions. Individual banks set their own buy (compra) and sell (venta) rates around this reference, with the difference – called the spread – representing their profit margin. A tighter spread means a better deal for you.
For sending money to Guatemala, services like Wise, Remitly, and Xoom often offer better rates than traditional banks. Guatemala receives over $20 billion in remittances annually from the United States, making competitive exchange rates particularly important for the Guatemalan diaspora. See our remittance comparison tool for the best rates on transfers.
Frequently Asked Questions
What is the current exchange rate for Guatemalan quetzales to US dollars?
The Banguat (Bank of Guatemala) reference rate fluctuates daily around Q7.65-7.70 per US dollar as of March 2026. Banks offer slightly different buy and sell rates, typically with a spread of Q0.25-0.40. Check our converter above for today's exact rate.
Where is the best place to exchange money in Guatemala?
Banks like Banco Industrial and Banrural generally offer the best rates with the tightest spreads. Airport exchange counters and hotels typically give worse rates. ATMs (cajeros automaticos) are widely available and dispense quetzales using your home bank's exchange rate, which is often competitive.
Can I use US dollars in Guatemala?
While the official currency is the Guatemalan quetzal (GTQ), US dollars are accepted at many tourist-oriented businesses in Antigua, Lake Atitlan, and Guatemala City. However, you will usually get a worse exchange rate paying in dollars. For the best value, withdraw quetzales from ATMs or exchange at a bank.
How much money should I bring to Guatemala?
For a comfortable visit, budget $50-100 USD per day for mid-range travel (hotel, meals, transport, activities). Budget travelers can manage on $25-40/day. Bring a mix of cash (USD for exchanging) and a debit/credit card for ATM withdrawals. Notify your bank before traveling.
Sending money to Guatemala? Compare remittance rates on our remittances page to find the best service for your transfers.