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5 Quetzales
| Issuer | Banco de Guatemala |
|---|---|
| Year | 1990-1992 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#74 |
| Obverse description | Portrait of General Justo Rufino Barrios at right, rendered in intaglio, with a quetzal bird vignette at upper left and the numeral 5 in large format at center-left against a lilac and green guilloche underprint. The bank title BANCO DE GUATEMALA and subtitle GUATEMALA CENTRO AMERICA appear at the top, with the denomination CINCO QUETZALES inscribed in the center. Two signature lines appear below the central vignette, identifying the Gerente and Contralor General de Cuentas. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | BANCO DE GUATEMALA CINCO QUETZALES 5 AEIOU ABCDE 1 2 3 4 5 6 7 8 9 10 EL GENERAL JUSTO RUFINO BARRIOS FUE PRESIDENTE DEL PAIS E IMPULSOR DE LA UNION CENTROAMERICANA |
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| Comments |
The Canadian Bank Note Company's contract with Banco de Guatemala produced this series during a period of significant monetary pressure — Guatemala's quetzal had been pegged at par with the US dollar since 1925, but by the late 1980s that arrangement had effectively collapsed under fiscal deficits and a parallel black-market rate running several times the official figure. The 1990–1992 printing dates fall squarely in the transition period before the peg was formally abandoned and a managed float introduced in 1989.
Pick 74 is distinguished from earlier quetzal issues by the addition of an embedded security thread, a response to counterfeiting that had plagued the preceding series. The watermark was retained from earlier printings rather than redesigned.