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Guatemalan quetzal: research record

Evidence coverage: 1924–1926. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Guatemalan quetzal

GTQ · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Current currency in the inherited endpoint register.
Dated observations: 1924–1926; this does not establish the entire lifetime.

Parents / predecessors

Guatemalan pesoaccount unit replacement · 1924–1926
↗

Children / successors

No distinct successor currency is established in the loaded view.

Siblings

Step-parents / adopted bases

Dated changes of monetary basis; founding ancestry remains above.

◇ United States dollarunit adoption

Guatemala deliberately defined the quetzal equal to one US dollar and chose sixty pesos per quetzal using prior dollar exchange values.

1924–1925 · unit adoption event

1 GTQ = 1 USD at reform; 60 local pesos = 1 GTQ.

Monetary reform with implemented local peso conversion and subsequent quetzal issue.

Dollar value was explicitly selected; this is more than matching metal content. No ongoing peg or transfer of US debts is inferred.

Unit adoption is a historical event; no continuing peg is inferred. Excluded from ancestry, sibling relationships and depth.

Evidence and relationship details Register entry →

Latest research

Modern account-unit review

QuetzalUSDfoundingrelation isgoldstandardparity; actuallocalpredecessor wasGuatemalanpeso, exchanged60:1. ExcludeUSDparity fromancestrypaths; addexistingpeso→quetzal replacement.

Sources and qualifications →
Monetary history 3 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

November 1924Statutory unit creation

The issuer states that the November 1924 monetary law created the quetzal as a gold-standard monetary unit.

C495
1924-11Currency replacement

The quetzal replaced the Guatemalan peso at sixty pesos per quetzal.

C992
1924-11Initially valued at

The new quetzal was defined as equal to one US dollar at its creation. Founding unit definition, not inference from a later exchange-rate peg.

C993
Evidence & research notes 6 claims

Dated observations, not a proven complete lifespan.

Supported C495

The issuer states that the November 1924 monetary law created the quetzal as a gold-standard monetary unit.

Banco de Guatemala · Reseña histórica Citation S230 · Open source ↗

Paragraph beginning En noviembre de 1924

Supported C992

The quetzal replaced the Guatemalan peso at sixty pesos per quetzal.

Banco de Guatemala · Reseña histórica de la moneda de Guatemala Citation S471 · Open source ↗

Paragraphs on November 1924 reform, initial dollar equivalence and 60-peso conversion

Supported C993

The new quetzal was defined as equal to one US dollar at its creation. Founding unit definition, not inference from a later exchange-rate peg.

Banco de Guatemala · Reseña histórica de la moneda de Guatemala Citation S471 · Open source ↗

Paragraphs on November 1924 reform, initial dollar equivalence and 60-peso conversion

Supported C1603

QuetzalUSDfoundingrelation isgoldstandardparity; actuallocalpredecessor wasGuatemalanpeso, exchanged60:1.

Banco de Guatemala; José Rafael Vettorazzi Sagastume, editor/coordinator · Un Quetzal, una moneda, un siglo: Cien años de nuestra unidad monetaria Citation S733 · Open source ↗

Printedpp108,119/PDF112,123; discussion decrees879,1379 and1925lawchVIarts49–57

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Supported C1663

Guatemalan quetzal replaced the local peso accountunit in the monetary conversion implemented at60pesos perquetzal.

Banco de Guatemala; José Rafael Vettorazzi Sagastume, editor/coordinator · Un Quetzal, una moneda, un siglo: Cien años de nuestra unidad monetaria Citation S733 · Open source ↗

Printedpp108,119/PDF112,123; discussion decrees879,1379 and1925lawchVIarts49–57

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Supported C1960

Guatemala deliberately defined the quetzal equal to one US dollar and chose sixty pesos per quetzal using prior dollar exchange values.

Banco de Guatemala · Reseña histórica de la moneda de Guatemala Citation S471 · Open source ↗

Reform paragraphs, web lines 273–276

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