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Merlin Chain to Guatemalan quetzal Converter and calculator

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Convert 1Merlin Chain (MERL) to Guatemalan quetzal (GTQ) equals Q 1.04 | 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 Merlin Chain(MERL) to Guatemalan quetzal(GTQ). This is the real-time data. The current conversion shows 1 MERL at a value of 1 MERL for 1.04 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 Merlin Chain currency pair is the MERL to GTQ, with for Merlin Chain's currency code being MERL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GTQ.

MERL to GTQ conversion rate trend

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In the past 1D, Merlin Chain has changed +4.77% to GTQ. Based on the trend and price charts, Merlin Chain(MERL) has changed +4.77% to GTQ while Guatemalan quetzal(GTQ) has changed % to MERL in the last 24 hours.

MERL to GTQ market statistics

MERL/GTQ:
Q 1.04
MERL 24h volume:
Q 151,861,634.7
MERL market cap:
Q 548,419,377.1
MERL circulating supply:
525.00M MERL

Current MERL to GTQ exchange rate

Merlin Chain to Guatemalan quetzal is rising this week.
Merlin Chain's current market price is Q 1.04 per MERL, with a total market cap of Q 548,419,377.1 GTQ based on a circulating supply of 525,000,000 MERL. The trading volume of Merlin Chain has changed by -33.81% (Q -77,577,848.68 GTQ) in the last 24 hours. Last trading day, MERL's trading volume was Q 229,439,483.38.

MERL to GTQ Conversion tables

The exchange rate of Merlin Chain is increasing.
1 MERL is currently valued at Q 1.04 GTQ , which means buying 5 MERL will cost Q 5.22 GTQ . Similarly, Q1 GTQ can be traded for 0.9573 MERL, and Q50 GTQ can be converted to 47.86 MERL, excluding any platform or gas fees.
The exchange rate of 1 MERL to Guatemalan quetzal has changed by +63.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.77%, reaching a high of 1.07 GTQ and a low of 0.9480 GTQ . One month ago, the value of 1 MERL was Q 0.7834 GTQ , which represents a +33.47% change from its current value. Over the last year, Merlin Chain has changed by
-Q
11.36GTQ
, resulting in a change of -91.60% in its value.

MERL to GTQ

Amount
15:22 today
0.5 MERL
Q0.5223
1 MERL
Q1.04
5 MERL
Q5.22
10 MERL
Q10.45
50 MERL
Q52.23
100 MERL
Q104.46
500 MERL
Q522.3
1000 MERL
Q1,044.61

GTQ to MERL

Amount15:22 today
0.5GTQ0.4786  MERL
1GTQ0.9573  MERL
5GTQ4.79  MERL
10GTQ9.57  MERL
50GTQ47.86  MERL
100GTQ95.73  MERL
500GTQ478.65  MERL
1000GTQ957.3  MERL
Buy MERL now

MERL to GTQ Today vs. 24 hours ago

Amount15:22 today24 hours ago24h change
0.5 MERLQ0.5223Q0.4986
+4.77%
1 MERLQ1.04Q0.9971
+4.77%
5 MERLQ5.22Q4.99
+4.77%
10 MERLQ10.45Q9.97
+4.77%
50 MERLQ52.23Q49.86
+4.77%
100 MERLQ104.46Q99.71
+4.77%
500 MERLQ522.3Q498.57
+4.77%
1000 MERLQ1,044.61Q997.15
+4.77%

MERL to GTQ Today vs. 1 month ago

Amount15:22 today1 month ago1M change
0.5 MERLQ0.5223Q0.3917
+33.47%
1 MERLQ1.04Q0.7834
+33.47%
5 MERLQ5.22Q3.92
+33.47%
10 MERLQ10.45Q7.83
+33.47%
50 MERLQ52.23Q39.17
+33.47%
100 MERLQ104.46Q78.34
+33.47%
500 MERLQ522.3Q391.69
+33.47%
1000 MERLQ1,044.61Q783.37
+33.47%

MERL to GTQ Today vs. 1 year ago

Amount15:22 today1 year ago1Y change
0.5 MERLQ0.5223Q6.2
-91.60%
1 MERLQ1.04Q12.41
-91.60%
5 MERLQ5.22Q62.03
-91.60%
10 MERLQ10.45Q124.06
-91.60%
50 MERLQ52.23Q620.28
-91.60%
100 MERLQ104.46Q1,240.57
-91.60%
500 MERLQ522.3Q6,202.83
-91.60%
1000 MERLQ1,044.61Q12,405.65
-91.60%

How to convert MERL to GTQ

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Convert MERL to GTQ
Use a variety of payment options to buy Merlin Chain on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of MERL with GTQ. However, you can buy USDT in Bitget P2P trading first, and then buy MERL with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell MERL (or USDT) for GTQ (Guatemalan Quetzal) offers

Bitget P2P trading currently does not support direct selling of MERL to GTQ. However, you can first exchange MERL 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
Action
No matching ads found.

What factors influence the conversion rate of MERL to GTQ?

There are many factors that affect the relationship between Merlin Chain 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 MERL/GTQ. When there is positive news in the market about the widespread adoption of MERL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MERL/GTQ. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MERL/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 MERL/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 Merlin Chain and adjust their investment strategies accordingly in the evolving market.

Merlin Chain price prediction

What will the price of MERL be in 2026?

Based on MERL's historical price performance prediction model, the price of MERL is projected to reach $0.1486 in 2026.

What will the price of MERL be in 2031?

In 2031, the MERL price is expected to change by -3.00%. By the end of 2031, the MERL price is projected to reach $0.1998, with a cumulative ROI of +61.04%.

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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 Merlin Chain 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 Merlin Chain 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 Merlin Chain 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.