Currency
Quetzal (Q) = 100 centavos. Notes are in denominations of Q100, 50, 20, 10 and 5. Coins are in denominations of Q1, and 50, 25, 10, 5 and 1 centavos. The US Dollar also became an official currency in 2001.
Currency exchange
The Quetzal is extremely difficult to obtain outside Guatemala or exchange after leaving Guatemala, and visitors are strongly advised to exchange local currency before departure. It may be difficult to negotiate notes which are torn. Unused local currency can be exchanged at the bank at the airport (opening hours: Mon-Fri 0800-2000). ATMs are common throughout the country.
Credit & debit cards
American Express and Visa are accepted, whilst Diners Club and MasterCard have a more limited acceptance. Check with your credit or debit card company for details of merchant acceptability and other services that may be available.
Travellers cheques
Accepted by most banks and good hotels, although visitors may experience occasional problems. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars.
Currency restrictions
The import and export of local currency is prohibited. The import and export of foreign currency is unlimited.
Exchange rate indicators
The following figures are included as a guide to the movements of the Quetzal against Sterling and the US Dollar (official rates):
| Date | May '04 | Aug '04 | Nov '04 | Feb '05 | | £1.00= | 14.29 | 14.61 | 14.68 | 15.21 | | $1.00= | 8.00 | 7.93 | 7.75 | 8.06 |
Banking hours
Mon-Fri 0830-1230 and 1430-1630 (certain branches 0900-2000), Sat 0900-1230.
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