Guatemala is also officially known as Republic of Guatemala. It is situated in central America. It is quite influenced by Spanish culture since most part of the country was conquered by Spain in 16th century.
Currency of Guatemala is known as Guatemala Quetzal (GTQ). Other than its native currency, Guatemala also accepts remittances in USD and Euro. In 2015, Guatemala received foreign remittances worth $ 6.58 billion, of which $ 5.96 was sent from USA.
If you want to send money to Guatemala from USA, you will find lots of money transfer services. To get the best value for your money transfer to Guatemala, you must compare the money transfer services. Check the mid-market exchange rate, reviews & offers of remittance providers and compare them for exchange rate, fees and transfer time.
For all remittance requirements to send money to Guatemala, you can leverage the next generation search and compare platform for international money transfer - ExchangeRat
Current Exchange Rate(Mid Market) :- 7.495 GTQ/USD
is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
- Selling exchange rate - at which sellers are willing to sell a particular currency and
- Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.