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. Since 2020 Banguat’s reference rate has moved between Q7.61 and Q7.93 per dollar (annual lows and highs, through 24 September 2026). 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 was Q7.63 per US dollar on 5 August 2026, and has traded between Q7.61 and Q7.67 in 2026 (through 24 September). Banks set their own buy and sell rates; in the 90 daily readings to 24 September 2026, the average gap between them ranged from Q0.23 to Q0.40 depending on the bank. Check our converter above for today’s exact rate.
Where is the best place to exchange money in Guatemala?
It depends on the bank and the day, which is why our exchange-rates page compares them daily. Over the 90 daily readings to 24 September 2026, Banco Inmobiliario had the narrowest average gap between its buy and sell price (Q0.23) and the highest buy rate on 79 of 82 days, while Banrural and Banco Industrial averaged Q0.39 and Q0.40. ATMs (cajeros automaticos) dispense quetzales using your home bank’s exchange rate.
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.
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