Guatemalan quetzal
202351
225887743
2008-07-15T21:36:22Z
Dove1950
587860
[[WP:UNDO|Undid]] revision 225838665 by [[Special:Contributions/24.91.69.169|24.91.69.169]] ([[User talk:24.91.69.169|talk]])
{{Infobox Currency
| currency_name_in_local = quetzal guatemalteco <small>{{es icon}}</small>
<!-- Commented out because image was deleted: | image_1 = GuatemalanQuetzal_Front.jpg -->
| iso_code = GTQ
| using_countries = {{flag|Guatemala}}
| inflation_rate = 6.6%
| inflation_source_date = ''[https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook]'', 2006 est.
| subunit_ratio_1 = 1/100
| subunit_name_1 = [[centavo]]
| symbol = Q
| plural = quetzales
| used_coins = 1, 5, 10, 25, 50 centavo, 1 quetzal
| used_banknotes = 1, 5, 10, 20, 50, 100 quetzales
| issuing_authority = [[Banco de Guatemala]]
| issuing_authority_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 cents (centavos in legal Spanish or lenes in Guatemalan traditional Spanish) . The plural can be either ''quetzales'' (as it is in Spanish) or ''quetzals'' (in a slightly anglicised form). In ancient [[Maya civilization|Mayan]] culture, the quetzal bird's tail feathers were used as currency. Having currency named after the bird carries a strong historical value indicative of the native people of Guatemala.
==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 [[Guatemalan peso|peso]]. Until 1987, the quetzal was pegged to and domestically equal to the [[United States|US]] [[United States dollar|dollar]].
==Coins==
In 1925, [[coin]]s 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of 1, 5, 10 centavos, ¼, ½ and 1 quetzal were introduced, although the majority of the 1 quetzal coins were withdrawn from circulation and melted.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 [http://www.expedia.co.uk/daily/wg/P41371.asp?CCheck=1&]
*1 centavo
*5 centavos
*10 centavos
*25 centavos
*50 centavos
*1 quetzal
[http://www.banguat.gob.gt/inc/ver.asp?id=/en/currency%20and%20bills/Monedas%20y%20Billetes%20Translation.htm&e=18108 Images of Guatemalan coins] from the Banco de Guatemala page.
==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 [[Banknote|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.
{|class="wikitable" style="font-size: 90%"
!colspan="7"| Banknotes in Circulation [http://www.banguat.gob.gt/inc/ver.asp?id=/en/currency%20and%20bills/Monedas%20y%20Billetes%20Translation.htm&e=18108]
|-
!colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Main Colour !!colspan="2"| Description !!rowspan="2"|Remark
|-
! Obverse !! Reverse !! Obverse !! Reverse
|-
|align="center" bgcolor="#ffffff" colspan="2"|[[Image:GuatemalanBanknoteQ050BothSides.jpg|200px]]
| Q0.50
| Brown
| [[Tecún Umán]]
| [[Tikal]]'s [[Tikal Temple I|Temple I]]
| Not in circulation but still recognized
|-
|align="center" bgcolor="#ffffff" colspan="2"|[[Image:GuatemalanBanknoteQ100BothSides.jpg|200px]]
| Q1
| Green
| [[José María Orellana]]
| Main building of the [[Banco de Guatemala|Central Bank of Guatemala]]
| Reintroduced as a [[polymer banknote]] on [[August 20]],[[2007]]
|-
|align="center" bgcolor="#ffffff" colspan="2"|[[Image:GuatemalanBanknoteQ00500BothSides.jpg|200px]]
| Q5
| Violet
| [[Justo Rufino Barrios]]
| Education allegory
|
|-
|align="center" bgcolor="#ffffff" colspan="2"|[[Image:GuatemalanBanknoteQ01000BothSides.jpg|200px]]
| Q10
| Red
| [[Miguel García Granados]]
| Picture from the [[Guatemalan National Assembly]] of 1872
|
|-
|align="center" bgcolor="#ffffff" colspan="2"|[[Image:GuatemalanBanknoteQ02000BothSides.jpg|200px]]
| Q20
| Blue
| [[Mariano Gálvez]]
| Signing of the declaration of [[Central America]]n [[independence]]
|
|-
|align="center" bgcolor="#ffffff" colspan="2"|[[Image:GuatemalanBanknoteQ05000BothSides.jpg|200px]]
| Q50
| Orange
| [[Carlos Zachrisson]], former [[finance minister]] from 1923 to 1926
| Allegory of the importance of coffee to the country
|
|-
|align="center" bgcolor="#ffffff" colspan="2"|[[Image:GuatemalanBanknoteQ10000BothSides.jpg|200px]]
| Q100
| Light brown
| [[Francisco Marroquín]], founder of the [[Universidad de San Carlos de Guatemala]]
| First university building in [[Antigua Guatemala]]
|
|-
|colspan="7"|{{Standard banknote table notice}}
|}
The Bank of Guatemala has briefly introduced a [[polymer banknote]] of 1 quetzal on August 20, 2007. The introduction of banknotes in the denominations of 200, 500 and 1000 quetzals is still pending congress's approval.<ref> http://www.nachthund.biz/CatalogUpdate/Guatemala/GuatemalaIndex.html Accessed [[2007-03-07]]</ref>
{{Exchange Rate|GTQ|MXN}}
==See also==
* [[Economy of Guatemala]]
==References==
{{Reflist}}
==External links==
* [http://www.banguat.gob.gt Banco de Guatemala]
{{Standard numismatics external links
| world_coin_gallery_1_url = Guatemala
| world_coin_gallery_1_name = Guatemala
| banknote_world_1_url = guatemala
| banknote_world_1_name = Guatemala
| dollarization_1_url =
| dollarization_1_name =
| gfd_1_url = Guatemala
| gfd_1_name = Guatemala
| gfd_data_1_url = 6133
| gfd_data_1_name = Guatemala Quetzal
| show_gfd_excel = Y
}}
{{Currencies of the Americas}}
[[Category:Economy of Guatemala]]
[[bg:Кетцал (валута)]]
[[ca:Quetzal (moneda)]]
[[cs:Guatemalský quetzal]]
[[de:Guatemaltekischer Quetzal]]
[[el:Κετσάλ]]
[[es:Quetzal (moneda)]]
[[eu:Quetzal (dirua)]]
[[fr:Quetzal guatémaltèque]]
[[bpy:গুয়াতেমালান কুয়েটজাল]]
[[it:Quetzal guatemalteco]]
[[he:קצאל (מטבע)]]
[[hu:Guatemalai quetzal]]
[[nl:Quetzal (munteenheid)]]
[[ja:ケツァル]]
[[no:Quetzal (valuta)]]
[[pl:Quetzal]]
[[pt:Quetzal (moeda)]]
[[ru:Кетцаль]]
[[sv:Quetzal (valuta)]]
[[tg:Квентзали Гватемала]]