1 GTQ to CVE - Convert Guatemalan Quetzal to Cape Verdean Escudo

Looking at the 30-day window, the GTQ/CVE pair traded in a range of 12.1250 to 12.8093. The monthly average was 12.4934 with 1.56% volatility. The relatively low volatility indicates stable trading conditions for the GTQ/CVE currency pair.

The current mid-market exchange rate is 1 GTQ = 12.6803 CVE, updated as of July 3, 2026, 6:28 AM 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 Cape Verdean Escudo Exchange Rate

The GTQ/CVE exchange rate tells you how many Cape Verdean Escudo (CVE) you receive for every Guatemalan Quetzal (GTQ). At the current mid-market rate of 1 GTQ = 12.6803 CVE, 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 CVE Rate

Exchange rates between Guatemalan Quetzal and Cape Verdean Escudo 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/CVE rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best GTQ to CVE Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

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 CVE and other currencies.

Cape Verdean Escudo Overview

The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, pegged to the Euro. Tourism and remittances are the island archipelago's primary economic drivers. The CVE exchange rate against GTQ reflects relative economic conditions between the two currency areas.

Reverse Rate: CVE to GTQ

The reverse exchange rate is 1 CVE = 0.078862 GTQ. This is useful if you are starting with Cape Verdean Escudo and want to know how much Guatemalan Quetzal you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated CVE to GTQ converter for the reverse direction.