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About Guatemalan Quetzal (GTQ)
The Guatemalan Quetzal (GTQ), the official currency of Guatemala, embodies the rich historical tapestry and economic evolution of this Central American nation. It is commonly abbreviated as GTQ and represented by the symbol Q. Named after the resplendent quetzal, a bird that holds deep cultural and symbolic significance in Mayan civilization, the Quetzal is more than just a medium of exchange. It's a testament to Guatemala's ancient roots and its journey through colonialism to modern economic development.
Historical Background
Introduced in 1925, the Guatemalan Quetzal replaced the Central American Republic peso. This change was more than a monetary reform; it symbolized Guatemala’s growing sense of national identity in the post-colonial era. The Quetzal’s introduction coincided with a period of significant economic and social change in Guatemala, marking the country's transition towards a modern economy.
Design and Symbolism
The design of the Guatemalan Quetzal is a vivid representation of the nation's history and culture. Banknotes and coins feature images of key historical figures, such as Tecun Uman, a revered Mayan leader, and Miguel García Granados, a former president instrumental in modernizing Guatemala. Additionally, they showcase national landmarks and symbols, including the resplendent quetzal itself, underscoring the currency’s deep connection to Guatemala's heritage.
Economic Role
The Quetzal plays a crucial role in Guatemala’s economy, supporting various sectors including agriculture, manufacturing, and services. As a key instrument in domestic and international transactions, the stability and value of the Quetzal are vital for economic growth, affecting everything from consumer prices to foreign investment.
Monetary Policy and Stability
The Bank of Guatemala, the country's central bank, regulates the Quetzal. Its policies focus on maintaining monetary stability, controlling inflation, and fostering sustainable economic growth. These measures are essential for maintaining the confidence of both domestic and international investors in Guatemala’s economy.
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Current BSTY to MKD exchange rate
GlobalBoost to Guatemalan quetzal is rising this week.BSTY to MKD Conversion tables
The exchange rate of GlobalBoost is increasing.BSTY to MKD
MKD to BSTY
BSTY to MKD Today vs. 24 hours ago
Amount | 03:36 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BSTY | ден0.4784 | ден0.4255 | +12.44% |
1 BSTY | ден0.9569 | ден0.8510 | +12.44% |
5 BSTY | ден4.78 | ден4.26 | +12.44% |
10 BSTY | ден9.57 | ден8.51 | +12.44% |
50 BSTY | ден47.84 | ден42.55 | +12.44% |
100 BSTY | ден95.69 | ден85.1 | +12.44% |
500 BSTY | ден478.45 | ден425.51 | +12.44% |
1000 BSTY | ден956.89 | ден851.02 | +12.44% |
BSTY to MKD Today vs. 1 month ago
Amount | 03:36 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 BSTY | ден0.4784 | ден0.1844 | +159.42% |
1 BSTY | ден0.9569 | ден0.3688 | +159.42% |
5 BSTY | ден4.78 | ден1.84 | +159.42% |
10 BSTY | ден9.57 | ден3.69 | +159.42% |
50 BSTY | ден47.84 | ден18.44 | +159.42% |
100 BSTY | ден95.69 | ден36.88 | +159.42% |
500 BSTY | ден478.45 | ден184.38 | +159.42% |
1000 BSTY | ден956.89 | ден368.77 | +159.42% |
BSTY to MKD Today vs. 1 year ago
Amount | 03:36 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 BSTY | ден0.4784 | ден0.6624 | -27.77% |
1 BSTY | ден0.9569 | ден1.32 | -27.77% |
5 BSTY | ден4.78 | ден6.62 | -27.77% |
10 BSTY | ден9.57 | ден13.25 | -27.77% |
50 BSTY | ден47.84 | ден66.24 | -27.77% |
100 BSTY | ден95.69 | ден132.49 | -27.77% |
500 BSTY | ден478.45 | ден662.43 | -27.77% |
1000 BSTY | ден956.89 | ден1,324.87 | -27.77% |
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