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GTQ to EUR - Guatemalan Quetzal to Euro Converter

Convert Guatemalan Quetzal to Euro with daily ECB exchange rates

1 GTQ = ~0.1096 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

GTQ is a modestly traded pair. Mental math works for rough estimates, but always verify with live quotes before transfers.

Set rate alerts and compare multiple providers to avoid hidden markups on GTQ→EUR transfers.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common GTQ - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Active
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include Banco de Guatemala policy and inflation, European Central Bank actions, US macro trends, Guatemala-EU trade balances, and overall market risk sentiment. Commodity prices and political stability also influence capital flows and FX risk.

Economic Context

Trading Relationship

Guatemala imports Euros for industrial inputs and services while exporting textiles and agricultural products to Europe; the EUR/GTQ movement influences invoice costs and translation of revenue in cross-border dealings.

Key Rate Factors

  • •Banco de Guatemala monetary policy and inflation
  • •European Central Bank monetary policy
  • •EU-Guatemala trade balance and tariffs
  • • Geographic trade diversification and currency reserves
  • •Global risk sentiment and commodity prices

Central Banks

Banco de Guatemala
Guatemala City, Guatemala
Sets monetary policy for Guatemala, manages inflation, and oversees currency issuance and payment systems.
European Central Bank
Frankfurt, Germany
Sets monetary policy for the euro area to maintain price stability and financial system health.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates