LocalExchangeRates.com

Official Rate Sheet: Guatemalan Quetzal (GTQ) / Mexican Peso (MXN)

Date generated:

Mid-Market Rate: 1 GTQ = 2.3778 MXN

Real-Time Interbank Wholesale Feed: October 6, 2026

Guatemalan Quetzal to Mexican Peso Exchange Rate (GTQ to MXN)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 GTQ in MXN?

1 GTQ = 2.3778 MXN

At the current mid-market wholesale exchange rate, converting 1,000 Guatemalan Quetzal (GTQ) yields approximately 2,377.77 Mexican Peso (MXN) (inverse rate: 1 MXN = 0.4206 GTQ). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): GTQ

You Receive (Estimate): MXN

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 GTQ = 2.3778 MXN

Kurs odwrotny: 1 MXN = 0.4206 GTQ

Status danych: Live Data (Redis)

Looking for reverse calculation? Check MXN to GTQ (Mexican Peso to Guatemalan Quetzal) Live Converter →

GTQ to MXN Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Guatemalan Quetzal against Mexican Peso

Period High

2.4063 MXN

Period Low

2.3492 MXN

Volatility / Avg

2.3778 MXN

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 2.3492 MXN

Max: 2.4063 MXN

52-Week Range (1Y) Current Position: 65% Range

Min: 2.2945 MXN

Max: 2.4610 MXN

Standard Denomination Conversion Matrix (GTQ & MXN)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Guatemalan Quetzal → Mexican Peso (GTQ / MXN)

Wholesale Benchmark

Guatemalan Quetzal (GTQ)	Mexican Peso (MXN)
1 GTQ	2.38 MXN
5 GTQ	11.89 MXN
10 GTQ	23.78 MXN
25 GTQ	59.44 MXN
50 GTQ	118.89 MXN
100 GTQ	237.78 MXN
200 GTQ	475.55 MXN
250 GTQ	594.44 MXN
500 GTQ	1,188.88 MXN
1,000 GTQ	2,377.77 MXN
2,500 GTQ	5,944.42 MXN
5,000 GTQ	11,888.84 MXN
10,000 GTQ	23,777.68 MXN

Mexican Peso → Guatemalan Quetzal (MXN / GTQ)

Wholesale Benchmark

Mexican Peso (MXN)	Guatemalan Quetzal (GTQ)
1 MXN	0.42 GTQ
5 MXN	2.10 GTQ
10 MXN	4.21 GTQ
25 MXN	10.51 GTQ
50 MXN	21.03 GTQ
100 MXN	42.06 GTQ
200 MXN	84.11 GTQ
250 MXN	105.14 GTQ
500 MXN	210.28 GTQ
1,000 MXN	420.56 GTQ
2,500 MXN	1,051.41 GTQ
5,000 MXN	2,102.81 GTQ
10,000 MXN	4,205.62 GTQ

Provider / Channel	GTQ/MXN Effective Exchange Rate	Estimated Fee	Estimated Received (MXN)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	2.3778 MXN	0.00%	11,888.84 MXN	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	2.2945 MXN	~3.50%	11,472.73 MXN	-416.11 MXN
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	2.1400 MXN	~10.00%	10,699.96 MXN	-1,188.88 MXN

1 GTQ to MXN: Guatemalan Quetzal to Mexican Peso Exchange Guide

Searches for 1 GTQ to MXN or convert GTQ to MXN describe the amount of Mexican Peso received per 1 Guatemalan Quetzal. At today's wholesale baseline of 1 GTQ = 2.3778 MXN (inverse: 1 MXN = 0.4206 GTQ), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Guatemala ↔ Mexico)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Bank of Guatemala (Banguat) and Bank of Mexico (Banxico) shape the medium-to-long term valuation of GTQ/MXN.

GTQ and MXN Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Guatemala and Mexico.

How the GTQ to MXN Exchange Rate Works

Foreign exchange transactions between Guatemala (GTQ) and Mexico (MXN) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between GTQ and MXN:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Bank of Guatemala (Banguat) and Bank of Mexico (Banxico) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Guatemala and Mexico exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (MXN) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Guatemalan Quetzal to Mexican Peso Conversion

Common questions regarding Guatemalan Quetzal to Mexican Peso conversion, bank spreads, and transfer costs.

How much is 1,000 GTQ in MXN today?

At the current mid-market exchange rate (1 GTQ = 2.3778 MXN), 1,000 Guatemalan Quetzal equals approximately 2,377.77 Mexican Peso. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Guatemalan Quetzal?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with GTQ?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Bank of Guatemala (Banguat)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.