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20 Quetzales

Issuer Banco de Guatemala
Year 1983-1987
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Value 20 Quetzales
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Reverse lettering BANCO DE GUATEMALA
VEINTE QUETZALES
FIRMA DEL ACTA DE LA INDEPENDENCIA DE CENTROAMÉRICA
GIESECKE & DEVRIENT MUNICH
20
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Protection type Watermark
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Comments

The P#69 series spans a politically turbulent stretch for Guatemala — the early 1980s saw two coups in quick succession, with Ríos Montt seizing power in 1982 and Mejía Víctores ousting him in 1983. The Banco de Guatemala kept the note design and printer unchanged throughout, which was itself a deliberate signal of institutional continuity from a central bank caught between successive military governments.

Giesecke & Devrient had printed Guatemalan currency for decades by this point, and the Munich connection meant production was insulated from the domestic instability entirely.