Today, 1.00 (one) Quetzal is worth 46.34 Forint, ie, Q1.00 = Ft46.34. That's because the current exchange rate, to HUF, is 46.34. So, to make Quetzal to Forint conversion, you just need to multiply the amount in GTQ by 46.34.
Learn how to get the best Quetzal exchange rate before exchanging your money
The Quetzal is the official Quetzal currency. GTQ/HUF represents the value of Quetzal money in Forint money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Quetzal to Forint is today at 46.337.
As an example, suppose you are from Budapest Hungary and you travel to Guatemala City Guatemala. There, you need to get 1000 Quetzals ( Q) at a Guatemala City bank to pay your hotel. In this case you would pay 46.337 * 1000 = 46,337.097 Forints (Ft). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.
In the example above for a 1000 Quetzals amount, the result of the money conversion is 47,263.839 HUF for a 2% margin or 47,727.210 HUF for a 3% margin.
Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 4,633.710 HUF depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.
Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.
By the way: there are some notations for this currency pair like GTQ-HUF or GTQHUF among others. The currency symbol for Quetzal is (Q) while the currency symbol for Forint is (Ft). Note also that the Guatemala country code is GTM or GT. The Hungary country code is HUN or HU
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