The currency abbreviation for the Guatemalan quetzal. GTQ is named for the country's native national bird, the "resplendent quetzal". The quetzal replaced the peso in 1925.
|||The Guatemalan quetzal was pegged first to the French franc and the gold standard before switching to the U.S. dollar . Quetzal coins are minted in 1, 5, 10, 25 and 50 centavos and 1 quetzal denominations; banknotes are printed in 1, 5, 10, 20, 50 and 100 quetzal denominations. The national Bank of Guatemala has administered the quetzal currency since 1946.
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