Convert GTQ to MAD — live rate

Convert Guatemalan Quetzals to Moroccan Dirhams and compare the real cost of sending money.

GTQ
MAD
1 GTQ = 1.2009 MAD Mid-market rate
Updated just now
Compare transfers for GTQ → MAD
No signup required FCA-regulated providers only

Historical GTQ/MAD exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: GTQ to MAD

1 GTQ 1.20 MAD
5 GTQ 6.00 MAD
10 GTQ 12.01 MAD
50 GTQ 60.04 MAD
100 GTQ 120.09 MAD
500 GTQ 600.43 MAD
1,000 GTQ 1,200.86 MAD
5,000 GTQ 6,004.30 MAD

Real cost of GTQ → MAD

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 GTQ
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

GTQ — Guatemalan Quetzal
ISO Code GTQ
Symbol Q
Central Bank Bank of Guatemala
Common Notes Q1, Q5, Q10, Q20, Q50, Q100, Q200, 50
Learn more about GTQ
MAD — Moroccan Dirham
ISO Code MAD
Central Bank Bank Al-Maghrib
Common Notes 20, 50, 100, 200
Learn more about MAD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.