Exchange Rate in Guatemala
Guatemala - Exchange RateHigh-frequency data points to a slight moderation in economic growth in the first quarter. Firstly, the Central Bank’s monthly activity index recorded a softer expansion, on average, in the three months ending in March. Additionally, price pressures have risen in the same time frame and this—coupled with easing remittance inflows—bodes poorly for household spending. Finally, cooling goods import growth further underlines reduced domestic demand. That said, a smaller merchandise trade deficit suggests that the external sector will have dragged less on the economy. Momentum continued to moderate at the outset of the second quarter, as evidenced by an eight-month soft expansion in economic activity in April. Furthermore, inflation rose to a 14-month high in May and remittances growth eased on average in April–May, likely impeding private consumption.
Guatemala - Exchange Rate Data
|Exchange Rate (vs USD)||7.63||7.52||7.35||7.73||7.71|
5 years of economic forecasts for more than 30 economic indicators.
Guatemala Exchange Rate Chart
Source: Guatemala Central Bank and FocusEconomics calculations.
|Exchange Rate||7.71||0.22 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
August 5, 2022
Economic activity rose 3.3% year on year in June (May: +4.2% yoy).
July 8, 2022
Economic activity rose 4.2% year on year in May (April: +4.4% yoy).
July 8, 2022
Consumer prices increased 1.83% from the previous month in June, picking up from the 1.31% increase seen in May.
Guatemala: Central Bank tightens financial conditions in June days after the government announces emergency package
June 29, 2022
The Monetary Board of the Central Bank of Guatemala (Banguat) increased its monetary policy rate by 25 basis points from 2.00% to 2.25% at its 29 June meeting.
June 8, 2022
Consumer prices rose 1.31% in May over the previous month, accelerating from the 0.54% increase logged in April.