1 GTQ to MAD - Convert Guatemalan Quetzal to Moroccan Dirham

Looking at the 30-day window, the GTQ/MAD pair traded in a range of 1.1719 to 1.2536. The monthly average was 1.2112 with 1.6% volatility. The relatively low volatility indicates stable trading conditions for the GTQ/MAD currency pair.

The current mid-market exchange rate is 1 GTQ = 1.2312 MAD, updated as of July 3, 2026, 7:48 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 Moroccan Dirham Exchange Rate

The GTQ/MAD exchange rate tells you how many Moroccan Dirham (MAD) you receive for every Guatemalan Quetzal (GTQ). At the current mid-market rate of 1 GTQ = 1.2312 MAD, 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.

Historical GTQ/MAD Trends

The GTQ/MAD exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Sending Money from GTQ to MAD

International money transfers from Guatemalan Quetzal to Moroccan Dirham 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 MAD and other currencies.

Moroccan Dirham Overview

The Moroccan Dirham (MAD) is the official currency of Morocco, pegged to a basket of 60% euro and 40% US dollar. Morocco's automotive manufacturing and tourism support the currency. The MAD exchange rate against GTQ reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 GTQ = 1.2312 MAD 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.