Guatemalan Quetzal

(redirected from Guatemalan Quetzales)

Guatemalan Quetzal

The currency of Guatemala. It was introduced in 1925 and was pegged to the U.S. dollar and the French franc, as well as gold, at different points in its history. Since 1987, it has been a floating currency. It is named after the quetzal, a local bird whose feathers were used as a currency during the Mayan period.
References in periodicals archive ?
The Firm also represented Energuate in connection with the underlying loan agreement among Energuate, Credit Suisse AG, Cayman Islands Branch and The Bank of New York Mellon, as administrative agent and account bank, and the purchase by the Cayman Islands trust of a 100% participation thereof, and in connection with two other loan agreements in the aggregate amount of 1,140,000,000 Guatemalan quetzales between Energuate and Banco Industrial S.A.