On June 9, 2025, the US dollar closed at an average of 7.68 Guatemalan quetzales, marking a 0.01% change compared to the previous session. Over the past seven days, the dollar has risen by 2.32%, with an annual increase of 1.32%. Despite a 2.28% drop the day before, recent fluctuations indicate instability. The volatility observed in recent sessions is higher than the yearly trend, suggesting greater price swings.
According to the Bank of Guatemala’s macroeconomic performance and outlook report, Guatemala’s economic landscape for 2025 is mixed. While positive economic growth is expected, challenges remain. Globally, the IMF forecasts positive economic growth driven by strong labor markets in advanced economies, recovery in the service sector, and robust private consumption. This could benefit Guatemala through increased foreign trade and investment. However, risks such as persistent inflation, China’s real estate instability, and global uncertainties could negatively impact Guatemala.
Domestically, Guatemala’s economic growth will depend on its main trading partners, including the US, Mexico, the Eurozone, El Salvador, Honduras, and Nicaragua. The quetzal, introduced in 1924, currently trades at 7.50 per US dollar and 9.25 per euro. The Bank of Guatemala oversees the currency, with coins available in denominations of 5, 10, 25, 50 centavos, and 1 quetzal, while banknotes circulate in 1, 5, 10, 20, 50, 100, and 200 quetzales. Efforts to reduce production costs have led to material changes in coinage, such as using steel instead of nickel. Despite stable public debt and budget deficits, poverty and inequality persist, with Guatemala having the fourth-highest rate of chronic malnutrition globally.
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