Mexican Peso to Guatemalan Quetzal — MXN to GTQ
MXN to GTQ Converter
MXN/GTQ Rate — Last 30 Days
MXN fell 1.63% vs GTQ this week — a clear short-term downtrend. Watch whether this continues or reverses.
The 7-day average rate is below the 30-day average — recent momentum favors GTQ strengthening vs MXN. The trend may continue until a catalyst (rate decision, economic data) reverses it.
The rate is at its lowest point in 30 days. MXN is under significant selling pressure. At lows, a bounce is possible — but only if the fundamental drivers change.
RSI below 50 means sellers are in control over the recent period. At 36, momentum is moderately bearish — not extreme, suggesting the downtrend may have room to continue.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 0.4405 | 0.4331 | 0.4367 |
| 30 days | 0.4442 | 0.4331 | 0.4399 |
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Historical MXN/GTQ Rates by Year
What drives the MXN/GTQ rate?
Whether you're converting MXN for travel, business, or investment, here's what drives the MXN to GTQ exchange rate. The MXN/GTQ exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best MXN to GTQ rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 MXN exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.