1 MAD to GTQ - Convert Moroccan Dirham to Guatemalan Quetzal

Looking at the 30-day window, the MAD/GTQ pair traded in a range of 0.812400 to 0.864300. The monthly average was 0.835190 with 1.66% volatility. The relatively low volatility indicates stable trading conditions for the MAD/GTQ currency pair.

The current mid-market exchange rate is 1 MAD = 0.812227 GTQ, 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.

Moroccan Dirham to Guatemalan Quetzal Exchange Rate

The MAD/GTQ exchange rate tells you how many Guatemalan Quetzal (GTQ) you receive for every Moroccan Dirham (MAD). At the current mid-market rate of 1 MAD = 0.812227 GTQ, 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.

Understanding the MAD/GTQ Conversion

Converting Moroccan Dirham to Guatemalan Quetzal involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Sending Money from MAD to GTQ

International money transfers from Moroccan Dirham to Guatemalan Quetzal 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.

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. Understanding the fundamentals behind MAD helps contextualize its exchange rate movements against GTQ and other currencies.

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. The GTQ exchange rate against MAD reflects relative economic conditions between the two currency areas.

Reverse Rate: GTQ to MAD

The reverse exchange rate is 1 GTQ = 1.2312 MAD. This is useful if you are starting with Guatemalan Quetzal and want to know how much Moroccan Dirham you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated GTQ to MAD converter for the reverse direction.