Guatemalan Quetzal (GTQ) to USD — Guatemala Parallel Market Rate
By the ETCurrency rates deskUpdated hourly from P2P & exchange-market dataHow we calculate rates
As of June 6, 2026, one US dollar costs about 7.5 GTQ on the Guatemala parallel market, so the Guatemalan Quetzal is worth roughly $0.13333 each. In practical terms, 1,000 GTQ ≈ $133.33 and 100,000 GTQ ≈ $13,333 at the street rate, versus the official Bank of Guatemala (Banguat) rate of about 7.62 GTQ per dollar.
The quetzal is unusually stable for the region, supported by huge remittance inflows, so the parallel gap is normally small.
How much is the Guatemalan Quetzal worth in US dollars today?
Because the parallel market prices the dollar at about 7.5 GTQ, you divide any Guatemalan Quetzal amount by that figure to get its dollar value. For example, 10,000 GTQ ≈ $1,333, 50,000 GTQ ≈ $6,667, and 1,000,000 GTQ ≈ $133,333. At the official rate the same Guatemalan Quetzal would convert to slightly more dollars on paper — but only if you can actually access dollars at that rate.
This is why the parallel rate matters for anyone holding Guatemalan Quetzal: it shows the real, market-clearing dollar value rather than an official rate that may be hard to obtain.
Why the GTQ to USD street rate differs from the bank
When you convert Guatemalan Quetzal to dollars at a bank, you get the official Bank of Guatemala (Banguat) rate — if dollars are available. On the parallel market the dollar is dearer, driven by factors such as large US remittance inflows, import financing, seasonal dollar demand, so each Guatemalan Quetzal fetches fewer dollars there.
Today that difference is a modest premium of roughly 3.1%. The larger this gap, the more the official rate overstates what your Guatemalan Quetzal is really worth in dollars.
Converting Guatemalan Quetzal to dollars safely
Use our converter to turn any Guatemalan Quetzal amount into USD at the live parallel rate, and compare it side by side with the official rate. Exchange-rate figures here are aggregated from P2P platforms, community reports and market monitoring, and refreshed hourly.
These rates are published for information and price-transparency only — they are not an offer to trade and are not legal or financial advice. Many countries require foreign-currency transactions to go through licensed channels, so confirm the rules in Guatemala and use reputable providers before converting any Guatemalan Quetzal to dollars.