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1 Quetzal

Issuer Banco de Guatemala
Year 1994
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Reference(s) P#90
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Obverse lettering BANCO DE GUATEMALA
GUATEMALA, CENTRO AMERICA
UN QUETZAL
GERENTE
SUBGERENTE
GENERAL JOSE MARIA ORELLANA
PRESIDENTE DE LA REPUBLICA, 5 DE FEBRERO 1922 - 26 DE SEPTIEMBRE 1926
AUTORIZACION
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Reverse lettering BANCO DE GUATEMALA
UN QUETZAL
PLAZA DE LA LIBERTAD
ANA DE PAZ
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Comments

Pick 90 sits within a long-running Quetzal series that Banco de Guatemala issued through the 1990s, with Oberthur Fiduciaire handling production throughout — a relationship that gave the Guatemalan notes of this period a distinctly French intaglio character, notably crisper in register than earlier issues printed domestically or by ABNC.

Guatemala pegged the Quetzal at parity with the US dollar from 1925 until 1986, when the fixed rate finally collapsed under fiscal pressure. By 1994 the currency had already shed significant purchasing power, making the 1 Quetzal a note used hard in daily commerce and rarely saved.

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