Exchange Rate in Guatemala
Guatemala - Exchange Rate
The economy likely gathered pace in the second quarter after growth slowed to a one-year low in the first quarter. The economic activity index average rate of growth for Q2 was modestly higher than that of Q1, supported by improvements in the private services; manufacturing; and wholesale and retail trade sectors. Moreover, remittance inflows rose robustly throughout Q2, boding well for household spending. Turning to the third quarter, available data paints a mixed picture. Economic activity moderated slightly in July, although private sector business confidence recovered in July and August. In politics, center-right candidate Alejandro Giammattei won the presidential election in a runoff on 11 August. Once in office in January 2020, the newcomer will face issues such as corruption, a more difficult relationship with the U.S., and migrant inflows. His policies will likely be a continuation of current President Morales’.Guatemala - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 7.84 | 7.60 | 7.63 | 7.52 | 7.35 |
Guatemala Exchange Rate Chart
Source: Guatemala Central Bank and FocusEconomics calculations.
Guatemala Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 7.69 | 0.22 % | Sep 04 |
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Economic News
Guatemala: Economic activity moderates slightly in July
September 4, 2019
Economic activity slowed to 3.2% over the same month a year prior in July, down from the revised 3.3% grow logged in June (previously reported: +3.1% year-on-year).
Guatemala: Remittances inflows slow in August
September 3, 2019
Remittances from workers abroad rose 14.0% on an annual basis in August, decelerating from the 15.8% increase registered in July.
Guatemala: Inflation eases in July
August 19, 2019
Consumer prices fell 0.06% over the prior month in July, contrasting the 0.83% increase in June.
Guatemala: Economic activity moderates in June
August 14, 2019
Economic activity slowed to 3.1% in annual terms in June, down from May’s revised 3.5% growth (previously reported: +3.3% year-on-year).
Guatemala: Economic activity quickens in May
July 31, 2019
Economic activity accelerated to 3.3% year-on-year in May from a revised 2.3% increase in April (previously reported: +2.8% year-on-year).
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