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Algorand to Guatemalan quetzal Converter and calculator

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Convert 1Algorand (ALGO) to Guatemalan quetzal (GTQ) equals Q 1.44 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Algorand(ALGO) to Guatemalan quetzal(GTQ). This is the real-time data. The current conversion shows 1 ALGO at a value of 1 ALGO for 1.44 GTQ . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

GTQ information

About Guatemalan Quetzal (GTQ)

The Guatemalan Quetzal (GTQ), the official currency of Guatemala, embodies the rich historical tapestry and economic evolution of this Central American nation. It is commonly abbreviated as GTQ and represented by the symbol Q. Named after the resplendent quetzal, a bird that holds deep cultural and symbolic significance in Mayan civilization, the Quetzal is more than just a medium of exchange. It's a testament to Guatemala's ancient roots and its journey through colonialism to modern economic development.

Historical Background

Introduced in 1925, the Guatemalan Quetzal replaced the Central American Republic peso. This change was more than a monetary reform; it symbolized Guatemala’s growing sense of national identity in the post-colonial era. The Quetzal’s introduction coincided with a period of significant economic and social change in Guatemala, marking the country's transition towards a modern economy.

Design and Symbolism

The design of the Guatemalan Quetzal is a vivid representation of the nation's history and culture. Banknotes and coins feature images of key historical figures, such as Tecun Uman, a revered Mayan leader, and Miguel García Granados, a former president instrumental in modernizing Guatemala. Additionally, they showcase national landmarks and symbols, including the resplendent quetzal itself, underscoring the currency’s deep connection to Guatemala's heritage.

Economic Role

The Quetzal plays a crucial role in Guatemala’s economy, supporting various sectors including agriculture, manufacturing, and services. As a key instrument in domestic and international transactions, the stability and value of the Quetzal are vital for economic growth, affecting everything from consumer prices to foreign investment.

Monetary Policy and Stability

The Bank of Guatemala, the country's central bank, regulates the Quetzal. Its policies focus on maintaining monetary stability, controlling inflation, and fostering sustainable economic growth. These measures are essential for maintaining the confidence of both domestic and international investors in Guatemala’s economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Algorand currency pair is the ALGO to GTQ, with for Algorand's currency code being ALGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GTQ.

ALGO to GTQ conversion rate trend

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In the past 1D, Algorand has changed +0.12% to GTQ. Based on the trend and price charts, Algorand(ALGO) has changed +0.12% to GTQ while Guatemalan quetzal(GTQ) has changed % to ALGO in the last 24 hours.

ALGO to GTQ market statistics

ALGO/GTQ:
Q 1.44
ALGO 24h volume:
Q 595,097,192.22
ALGO market cap:
Q 12,236,129,717.08
ALGO circulating supply:
8.51B ALGO

Current ALGO to GTQ exchange rate

Algorand to Guatemalan quetzal is rising this week.
Algorand's current market price is Q 1.44 per ALGO, with a total market cap of Q 12,236,129,717.08 GTQ based on a circulating supply of 8,507,562,000 ALGO. The trading volume of Algorand has changed by +8.86% (Q 48,431,316.59 GTQ) in the last 24 hours. Last trading day, ALGO's trading volume was Q 546,665,875.64.

ALGO to GTQ Conversion tables

The exchange rate of Algorand is decreasing.
1 ALGO is currently valued at Q 1.44 GTQ , which means buying 5 ALGO will cost Q 7.19 GTQ . Similarly, Q1 GTQ can be traded for 0.6953 ALGO, and Q50 GTQ can be converted to 34.76 ALGO, excluding any platform or gas fees.
The exchange rate of 1 ALGO to Guatemalan quetzal has changed by +0.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.12%, reaching a high of 1.45 GTQ and a low of 1.39 GTQ . One month ago, the value of 1 ALGO was Q 2.12 GTQ , which represents a -32.06% change from its current value. Over the last year, Algorand has changed by
-Q
0.3955GTQ
, resulting in a change of -21.57% in its value.

ALGO to GTQ

Amount
04:46 am today
0.5 ALGO
Q0.7191
1 ALGO
Q1.44
5 ALGO
Q7.19
10 ALGO
Q14.38
50 ALGO
Q71.91
100 ALGO
Q143.83
500 ALGO
Q719.13
1000 ALGO
Q1,438.27

GTQ to ALGO

Amount04:46 am today
0.5GTQ0.3476  ALGO
1GTQ0.6953  ALGO
5GTQ3.48  ALGO
10GTQ6.95  ALGO
50GTQ34.76  ALGO
100GTQ69.53  ALGO
500GTQ347.64  ALGO
1000GTQ695.28  ALGO
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ALGO to GTQ Today vs. 24 hours ago

Amount04:46 am today24 hours ago24h change
0.5 ALGOQ0.7191Q0.7183
+0.12%
1 ALGOQ1.44Q1.44
+0.12%
5 ALGOQ7.19Q7.18
+0.12%
10 ALGOQ14.38Q14.37
+0.12%
50 ALGOQ71.91Q71.83
+0.12%
100 ALGOQ143.83Q143.66
+0.12%
500 ALGOQ719.13Q718.28
+0.12%
1000 ALGOQ1,438.27Q1,436.55
+0.12%

ALGO to GTQ Today vs. 1 month ago

Amount04:46 am today1 month ago1M change
0.5 ALGOQ0.7191Q1.06
-32.06%
1 ALGOQ1.44Q2.12
-32.06%
5 ALGOQ7.19Q10.58
-32.06%
10 ALGOQ14.38Q21.17
-32.06%
50 ALGOQ71.91Q105.85
-32.06%
100 ALGOQ143.83Q211.69
-32.06%
500 ALGOQ719.13Q1,058.47
-32.06%
1000 ALGOQ1,438.27Q2,116.94
-32.06%

ALGO to GTQ Today vs. 1 year ago

Amount04:46 am today1 year ago1Y change
0.5 ALGOQ0.7191Q0.9169
-21.57%
1 ALGOQ1.44Q1.83
-21.57%
5 ALGOQ7.19Q9.17
-21.57%
10 ALGOQ14.38Q18.34
-21.57%
50 ALGOQ71.91Q91.69
-21.57%
100 ALGOQ143.83Q183.38
-21.57%
500 ALGOQ719.13Q916.9
-21.57%
1000 ALGOQ1,438.27Q1,833.8
-21.57%

How to convert ALGO to GTQ

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Convert ALGO to GTQ
Use a variety of payment options to buy Algorand on Bitget. We'll show you how.

Buy ALGO (or USDT) for GTQ (Guatemalan Quetzal) offers

Bitget P2P trading does not currently support direct buying of ALGO with GTQ. However, you can buy USDT in Bitget P2P trading first, and then buy ALGO with USDT via Bitget spot market.
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Low to high
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Sell ALGO (or USDT) for GTQ (Guatemalan Quetzal) offers

Bitget P2P trading currently does not support direct selling of ALGO to GTQ. However, you can first exchange ALGO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of ALGO to GTQ?

There are many factors that affect the relationship between Algorand and Guatemalan Quetzal, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ALGO/GTQ. When there is positive news in the market about the widespread adoption of ALGO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ALGO/GTQ. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ALGO/GTQ.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ALGO/GTQ. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Algorand and adjust their investment strategies accordingly in the evolving market.

Algorand price prediction

What will the price of ALGO be in 2026?

Based on ALGO's historical price performance prediction model, the price of ALGO is projected to reach $0.2472 in 2026.

What will the price of ALGO be in 2031?

In 2031, the ALGO price is expected to change by +36.00%. By the end of 2031, the ALGO price is projected to reach $0.6637, with a cumulative ROI of +264.73%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Algorand and GTQ.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Algorand and GTQ. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Algorand in GTQ, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.