If you're planning a trip to Guatemala, you'll want to make sure you know the local currency and how to exchange money while you're there. Here's what you need to know.
The local currency in Guatemala is the Quetzal (GTQ). The Quetzal is divided into 100 centavos. You can find Quetzal banknotes in denominations of GTQ1, GTQ5, GTQ10, GTQ20, GTQ50, GTQ100, and GTQ200. Coins are available in denominations of GTQ1, GTQ5, GTQ10, and GTQ20.
You can exchange money at banks, currency exchange offices, and some hotels. Most banks and exchange offices will accept major currencies, such as US dollars, euros, and pounds sterling. However, it's a good idea to check ahead of time to make sure the location you're planning to visit will accept the currency you have.
It's also important to note that Guatemala is a predominantly cash-based society, so you'll need to make sure you have enough cash on hand for your daily expenses. It's a good idea to exchange some money before you leave for your trip, and to carry a small amount of cash for emergencies.
If you're concerned about exchanging money in Guatemala, or if you have any other questions about your trip, consider chatting with one of our in-country experts. Our team has years of experience traveling in Guatemala and can help you plan the perfect trip, including advice on exchanging money and other important details. Contact us today to start planning your dream trip to Guatemala.