50 Centavos de Quetzal

The Quetzal replaced the Peso in 1925 following Guatemala's monetary reform under the Orellana government, but the fractional denomination — the Centavo de Quetzal — had an awkward commercial life. By the late 1950s, small-denomination paper was already being squeezed out by coin circulation, and these notes saw relatively brief issue before the series was discontinued.

ABNC held long-standing contracts with Guatemalan authorities through much of the mid-twentieth century, and the plate work on this series reflects their standard intaglio production of the period — competent, consistent, and largely indistinguishable from dozens of other Latin American commissions coming out of their Broad Street facilities at the time.