LocalExchangeRates.com

Official Rate Sheet: Guatemalan Quetzal (GTQ) / Panamanian Balboa (PAB)

Date generated:

Mid-Market Rate: 1 GTQ = 0.1309 PAB

Real-Time Interbank Wholesale Feed: October 6, 2026

Guatemalan Quetzal to Panamanian Balboa Exchange Rate (GTQ to PAB)

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 PAB?

1 GTQ = 0.1309 PAB

At the current mid-market wholesale exchange rate, converting 1,000 Guatemalan Quetzal (GTQ) yields approximately 130.85 Panamanian Balboa (PAB) (inverse rate: 1 PAB = 7.6421 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): PAB

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

Kurs rynkowy: 1 GTQ = 0.1309 PAB

Kurs odwrotny: 1 PAB = 7.6421 GTQ

Status danych: Live Data (Redis)

Looking for reverse calculation? Check PAB to GTQ (Panamanian Balboa to Guatemalan Quetzal) Live Converter →

GTQ to PAB Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Guatemalan Quetzal against Panamanian Balboa

Period High

0.1324 PAB

Period Low

0.1293 PAB

Volatility / Avg

0.1309 PAB

Mid-Market Trend

+0.25%

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

Min: 0.1293 PAB

Max: 0.1324 PAB

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

Min: 0.1263 PAB

Max: 0.1354 PAB

Standard Denomination Conversion Matrix (GTQ & PAB)

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

Guatemalan Quetzal → Panamanian Balboa (GTQ / PAB)

Wholesale Benchmark

Guatemalan Quetzal (GTQ)	Panamanian Balboa (PAB)
1 GTQ	0.13 PAB
5 GTQ	0.65 PAB
10 GTQ	1.31 PAB
25 GTQ	3.27 PAB
50 GTQ	6.54 PAB
100 GTQ	13.09 PAB
200 GTQ	26.17 PAB
250 GTQ	32.71 PAB
500 GTQ	65.43 PAB
1,000 GTQ	130.85 PAB
2,500 GTQ	327.13 PAB
5,000 GTQ	654.27 PAB
10,000 GTQ	1,308.54 PAB

Panamanian Balboa → Guatemalan Quetzal (PAB / GTQ)

Wholesale Benchmark

Panamanian Balboa (PAB)	Guatemalan Quetzal (GTQ)
1 PAB	7.64 GTQ
5 PAB	38.21 GTQ
10 PAB	76.42 GTQ
25 PAB	191.05 GTQ
50 PAB	382.11 GTQ
100 PAB	764.21 GTQ
200 PAB	1,528.42 GTQ
250 PAB	1,910.53 GTQ
500 PAB	3,821.06 GTQ
1,000 PAB	7,642.12 GTQ
2,500 PAB	19,105.31 GTQ
5,000 PAB	38,210.62 GTQ
10,000 PAB	76,421.24 GTQ

Provider / Channel	GTQ/PAB Effective Exchange Rate	Estimated Fee	Estimated Received (PAB)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.1309 PAB	0.00%	654.27 PAB	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.1263 PAB	~3.50%	631.37 PAB	-22.90 PAB
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.1178 PAB	~10.00%	588.84 PAB	-65.43 PAB

1 GTQ to PAB: Guatemalan Quetzal to Panamanian Balboa Exchange Guide

Searches for 1 GTQ to PAB or convert GTQ to PAB describe the amount of Panamanian Balboa received per 1 Guatemalan Quetzal. At today's wholesale baseline of 1 GTQ = 0.1309 PAB (inverse: 1 PAB = 7.6421 GTQ), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Guatemala ↔ Panama)

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 National Bank of Panama (BNP) shape the medium-to-long term valuation of GTQ/PAB.

GTQ and PAB Currency Profiles

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

How the GTQ to PAB Exchange Rate Works

Foreign exchange transactions between Guatemala (GTQ) and Panama (PAB) 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 PAB:

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 National Bank of Panama (BNP) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Guatemala and Panama 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 (PAB) 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 Panamanian Balboa Conversion

Common questions regarding Guatemalan Quetzal to Panamanian Balboa conversion, bank spreads, and transfer costs.

How much is 1,000 GTQ in PAB today?

At the current mid-market exchange rate (1 GTQ = 0.1309 PAB), 1,000 Guatemalan Quetzal equals approximately 130.85 Panamanian Balboa. 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.