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exchange rate

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dalepues
  11/30/2016 12:08 EST

Hi, what's the current exchange rate for quetzal to U.S. dollars?

bajasur
  11/30/2016 12:18 EST

Yesterday at BAC in Antigua it was 7.42

kgriff
  11/30/2016 12:42 EST

It varies by bank; each bank sets its own each day. Lately, to buy quetzales, it's been low, around $1 =Q7.44 - 7.50.

NealR2000
  12/1/2016 19:47 EST

Well, there's the "rate" which can be seen anytime online, but that rate is the bank rate. In other words, what banks buy and sell to each other. Then there's small differences in what the average person on the street gets. This can vary. ATMs and credit cards typically get close to the bank rate. Walking into a bank and having them change your cash will get you a not-so-great rate. Street changers aren't as common these days, and they usually offer a slightly better rate than walking into a bank.

AlPavarotti
  12/2/2016 01:53 EST

Well I don't know what bank rate you're talking about. Because as far as I know in guatemala the daily official rate of exchange is set by the Banco de Guatemala which acts as the central bank in the country. And thus as a government entity is resposible for establishing the monetary policies for the country/government.

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