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1 Quetzal Historical Coins
| Issuer | Guatemala |
|---|---|
| Year | 2010 |
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| Composition | Silver (.925) |
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| Obverse lettering | REPUBLICA DE GUATEMALA LIBERTAD 15 DE SETIEMBRE DE 1821 2010 (Translation: Republic of Guatemala Liberty 15th of September 1821) |
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| Edge | Reeded |
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| Additional information |
The quetzal was introduced as Guatemala's currency unit in 1925, replacing the peso at par as part of a monetary reform pushed through by President José María Orellana — whose portrait the coin's namesake denomination carried for decades. The reform pegged the quetzal to the US dollar at 1:1, a rate that held with remarkable stability for over sixty years before collapsing under the economic pressures of the 1980s civil conflict.
KM#291 is a commemorative restrike rather than a circulation issue, produced for the collector market with no meaningful role in daily commerce.