0.50 Quetzal

The Guatemalan 0.50 quetzal denomination has had a complicated life within the series — by the late 1990s, it occupied an awkward position between coins and higher-denomination notes, already being phased toward irrelevance by inflation. Thomas De La Rue printed just over twelve million copies of this issue, a comparatively modest run for a circulating note intended to cover that volume of daily transactions.

P#98 belongs to the tail end of De La Rue's long-running contract with Banco de Guatemala before successive design reforms revised the series in the early 2000s.