1 NGN to GTQ - Convert Nigerian Naira to Guatemalan Quetzal

Looking at the 30-day window, the NGN/GTQ pair traded in a range of 0.005400 to 0.005800. The monthly average was 0.005584 with 1.83% volatility. The relatively low volatility indicates stable trading conditions for the NGN/GTQ currency pair.

The current mid-market exchange rate is 1 NGN = 0.005550 GTQ, updated as of July 3, 2026, 6:30 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.

Nigerian Naira to Guatemalan Quetzal Exchange Rate

The NGN/GTQ exchange rate tells you how many Guatemalan Quetzal (GTQ) you receive for every Nigerian Naira (NGN). At the current mid-market rate of 1 NGN = 0.005550 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.

What Affects the NGN to GTQ Rate

Exchange rates between Nigerian Naira and Guatemalan Quetzal 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 NGN/GTQ rate fluctuates throughout trading sessions and over longer time periods.

Historical NGN/GTQ Trends

The NGN/GTQ 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.

Nigerian Naira Overview

The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's largest economy. Oil exports, remittances, and the recent rate unification have shaped the naira's evolving exchange rate regime. Understanding the fundamentals behind NGN 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 NGN reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 NGN = 0.005550 GTQ 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.