1 GTQ to BMD - Convert Guatemalan Quetzal to Bermudian Dollar

Looking at the 30-day window, the GTQ/BMD pair traded in a range of 0.127100 to 0.135900. The monthly average was 0.131373 with 1.99% volatility. This upward movement of 3.1% suggests significant momentum in the GTQ/BMD exchange rate.

The current mid-market exchange rate is 1 GTQ = 0.131039 BMD, updated as of July 3, 2026, 11:04 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Guatemalan Quetzal to Bermudian Dollar Exchange Rate

The GTQ/BMD exchange rate tells you how many Bermudian Dollar (BMD) you receive for every Guatemalan Quetzal (GTQ). At the current mid-market rate of 1 GTQ = 0.131039 BMD, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the GTQ to BMD Rate

Exchange rates between Guatemalan Quetzal and Bermudian Dollar are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the GTQ/BMD rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from GTQ to BMD

International money transfers from Guatemalan Quetzal to Bermudian Dollar can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Guatemalan Quetzal Overview

The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, named after the national bird. Remittances from the US (over $19 billion annually) represent roughly 18% of GDP. Understanding the fundamentals behind GTQ helps contextualize its exchange rate movements against BMD and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 GTQ = 0.131039 BMD shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.