Exchange Rate in Guatemala

Guatemala Exchange Rate | Economic News & Forecasts

Guatemala - Exchange Rate

The blow from Covid-19 and associated containment measures will have intensified in the second quarter after hammering the economy in the first quarter. Economic activity in April contracted at nearly twice the speed of the month prior, and remittances plunged in Q2 despite rebounding in June. Plummeting remittances came on the back of spiking unemployment in the United States, where most remittances originate; remittances are a key source of household income and this suggests that consumption fell in the second quarter. Moreover, imports dived in April, hinting at weakening domestic demand, while exports contracted notably in the same month as a result of extinguished foreign demand. Boding ill for the third quarter, the state of emergency was extended to 5 August, signaling that the economy will remain in the doldrums.

Guatemala - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)7.63  7.52  7.35  7.73  7.71  

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Guatemala Exchange Rate Chart

Guatemala Exchange Rate
Note: Guatemala Quetzal (GTQ) per U.S. dollar.
Source: Guatemala Central Bank and FocusEconomics calculations.

Guatemala Facts

Value Change Date
Exchange Rate7.710.22 %Jan 01

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