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1 Quetzal

Issuer Banco de Guatemala
Year 1983-1989
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Value 1 Quetzal (1 GTQ)
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Reverse description The central vignette presents the Banco de Guatemala headquarters building in fine intaglio line engraving, its modernist facade ornamented with Maya-inspired relief panels, captioned 'EDIFICIO DEL BANCO DE GUATEMALA' below. A ceiba tree motif rendered in orange-brown tones occupies the left field against a teal guilloche underprint, while a Mayan deity figure fills the right border panel. The printer's imprint 'GIESECKE & DEVRIENT MUNICH' appears at lower left, with the denomination legend 'UN QUETZAL' in bold letterpress below the central vignette.
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Protection type Watermark
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Comments

The P#66 series ran through much of the 1980s, a period when Guatemala was cycling through military juntas and transitional governments at a pace that made consistent monetary policy difficult. The Banco de Guatemala kept this low denomination deliberately stable in design across the print run — changes overhead didn't always filter down to the smaller notes.

Giesecke & Devrient had held printing contracts with Guatemala for decades by this point, and the Munich relationship was well-established. Watermark security on a 1 Quetzal was modest but adequate given the note's limited purchasing power by the late 1980s, when inflation was eroding the lower denominations faster than they could be reissued.

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