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200 Quetzales

Issuer Banco de Guatemala
Year 2020
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Value 200 Quetzales
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Reverse description The reverse is dominated by a vignette of the marimba belonging to Sebastián Hurtado, accompanied by a weathered architectural façade serving as an allegory to Mariano Valverde Ortega's composition 'Noche de Luna entre Ruinas' (Moon Night Among Ruins). Musical notation from German Alcántara's 'La Flor del Café' (The Coffee Flower) is worked into the design, set against a multicolour guilloche underprint. Microlettering reading 'LIBRE AL VIENTO, TU HERMOSA BANDERA' is embedded within the security underprint.
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Protection description Portraits of Alcántara, Valverde Ortega, and Hurtado; electrotype of denomination numeral and denomination sign visible in the lower left of the watermark area
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Comments

Guatemala's 200 quetzal denomination has existed since the 1970s but remained relatively uncommon in everyday transactions — the value sits high enough that most circulation wear concentrates on lower denominations. The P#W127 issue is part of a broader modernization push by the Banco de Guatemala that retained G+D as printer, a relationship stretching back decades in the region.

The "W" prefix in the Pick reference signals a polymer-family catalog entry, though this note is cotton paper — an inconsistency in the Pick numbering system that occasionally confuses attribution.

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