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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.91%
New listings on Bitget: Pi Network
BTC/USDT$83537.40 (-0.44%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.91%
New listings on Bitget: Pi Network
BTC/USDT$83537.40 (-0.44%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
DRC
GTQ
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Digital Reserve Currency(DRC) to Guatemalan quetzal(GTQ). This is the real-time data. The current conversion shows 1 DRC at a value of 1 DRC for 0.00 GTQ . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
GTQ information
About Guatemalan Quetzal (GTQ)
The Guatemalan Quetzal (GTQ), the official currency of Guatemala, embodies the rich historical tapestry and economic evolution of this Central American nation. It is commonly abbreviated as GTQ and represented by the symbol Q. Named after the resplendent quetzal, a bird that holds deep cultural and symbolic significance in Mayan civilization, the Quetzal is more than just a medium of exchange. It's a testament to Guatemala's ancient roots and its journey through colonialism to modern economic development.
Historical Background
Introduced in 1925, the Guatemalan Quetzal replaced the Central American Republic peso. This change was more than a monetary reform; it symbolized Guatemala’s growing sense of national identity in the post-colonial era. The Quetzal’s introduction coincided with a period of significant economic and social change in Guatemala, marking the country's transition towards a modern economy.
Design and Symbolism
The design of the Guatemalan Quetzal is a vivid representation of the nation's history and culture. Banknotes and coins feature images of key historical figures, such as Tecun Uman, a revered Mayan leader, and Miguel García Granados, a former president instrumental in modernizing Guatemala. Additionally, they showcase national landmarks and symbols, including the resplendent quetzal itself, underscoring the currency’s deep connection to Guatemala's heritage.
Economic Role
The Quetzal plays a crucial role in Guatemala’s economy, supporting various sectors including agriculture, manufacturing, and services. As a key instrument in domestic and international transactions, the stability and value of the Quetzal are vital for economic growth, affecting everything from consumer prices to foreign investment.
Monetary Policy and Stability
The Bank of Guatemala, the country's central bank, regulates the Quetzal. Its policies focus on maintaining monetary stability, controlling inflation, and fostering sustainable economic growth. These measures are essential for maintaining the confidence of both domestic and international investors in Guatemala’s economy.
Bitget crypto-to-fiat exchange data shows that the most popular Digital Reserve Currency currency pair is the DRC to GTQ, with for Digital Reserve Currency's currency code being DRC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GTQ.
DRC to GTQ conversion rate trend
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In the past 1D, Digital Reserve Currency has changed -0.41% to GTQ. Based on the trend and price charts, Digital Reserve Currency(DRC) has changed -0.41% to GTQ while Guatemalan quetzal(GTQ) has changed % to DRC in the last 24 hours.
DRC to GTQ market statistics
DRC/GTQ:
Q 0.0009783
DRC 24h volume:
Q 258.69
DRC market cap:
Q 978,298.76
DRC circulating supply:
1.00B DRC
More info about Digital Reserve Currency on Bitget
Current DRC to GTQ exchange rate
Digital Reserve Currency to Guatemalan quetzal is falling this week.Digital Reserve Currency's current market price is Q 0.0009783 per DRC, with a total market cap of Q 978,298.76 GTQ based on a circulating supply of 1,000,000,000 DRC. The trading volume of Digital Reserve Currency has changed by -0.66% (Q -1.72 GTQ) in the last 24 hours. Last trading day, DRC's trading volume was Q 260.4.
DRC to GTQ Conversion tables
The exchange rate of Digital Reserve Currency is decreasing.1 DRC is currently valued at Q 0.0009783 GTQ , which means buying 5 DRC will cost Q 0.004891 GTQ . Similarly, Q1 GTQ can be traded for 1,022.18 DRC, and Q50 GTQ can be converted to 51,109.13 DRC, excluding any platform or gas fees.
The exchange rate of 1 DRC to Guatemalan quetzal has changed by -4.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.41%, reaching a high of 0.001051 GTQ and a low of 0.0009512 GTQ . One month ago, the value of 1 DRC was Q 0.001488 GTQ , which represents a -34.26% change from its current value. Over the last year, Digital Reserve Currency has changed by , resulting in a change of -51.27% in its value.
-Q
0.001030GTQDRC to GTQ
Amount
07:49 am today
0.5 DRC
Q0.0004891
1 DRC
Q0.0009783
5 DRC
Q0.004891
10 DRC
Q0.009783
50 DRC
Q0.04891
100 DRC
Q0.09783
500 DRC
Q0.4891
1000 DRC
Q0.9783
GTQ to DRC
Amount07:49 am today
0.5GTQ511.09 DRC
1GTQ1,022.18 DRC
5GTQ5,110.91 DRC
10GTQ10,221.83 DRC
50GTQ51,109.13 DRC
100GTQ102,218.26 DRC
500GTQ511,091.31 DRC
1000GTQ1,022,182.61 DRC
DRC to GTQ Today vs. 24 hours ago
| Amount | 07:49 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRC | Q0.0004891 | Q0.0004912 | -0.41% |
| 1 DRC | Q0.0009783 | Q0.0009823 | -0.41% |
| 5 DRC | Q0.004891 | Q0.004912 | -0.41% |
| 10 DRC | Q0.009783 | Q0.009823 | -0.41% |
| 50 DRC | Q0.04891 | Q0.04912 | -0.41% |
| 100 DRC | Q0.09783 | Q0.09823 | -0.41% |
| 500 DRC | Q0.4891 | Q0.4912 | -0.41% |
| 1000 DRC | Q0.9783 | Q0.9823 | -0.41% |
DRC to GTQ Today vs. 1 month ago
| Amount | 07:49 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRC | Q0.0004891 | Q0.0007441 | -34.26% |
| 1 DRC | Q0.0009783 | Q0.001488 | -34.26% |
| 5 DRC | Q0.004891 | Q0.007441 | -34.26% |
| 10 DRC | Q0.009783 | Q0.01488 | -34.26% |
| 50 DRC | Q0.04891 | Q0.07441 | -34.26% |
| 100 DRC | Q0.09783 | Q0.1488 | -34.26% |
| 500 DRC | Q0.4891 | Q0.7441 | -34.26% |
| 1000 DRC | Q0.9783 | Q1.49 | -34.26% |
DRC to GTQ Today vs. 1 year ago
| Amount | 07:49 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRC | Q0.0004891 | Q0.001004 | -51.27% |
| 1 DRC | Q0.0009783 | Q0.002008 | -51.27% |
| 5 DRC | Q0.004891 | Q0.01004 | -51.27% |
| 10 DRC | Q0.009783 | Q0.02008 | -51.27% |
| 50 DRC | Q0.04891 | Q0.1004 | -51.27% |
| 100 DRC | Q0.09783 | Q0.2008 | -51.27% |
| 500 DRC | Q0.4891 | Q1 | -51.27% |
| 1000 DRC | Q0.9783 | Q2.01 | -51.27% |
How to convert DRC to GTQ
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert DRC to GTQ
Use a variety of payment options to buy Digital Reserve Currency on Bitget. We'll show you how.
Buy DRC (or USDT) for GTQ (Guatemalan Quetzal) offers
Bitget P2P trading does not currently support direct buying of DRC with GTQ. However, you can buy USDT in Bitget P2P trading first, and then buy DRC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell DRC (or USDT) for GTQ (Guatemalan Quetzal) offers
Bitget P2P trading currently does not support direct selling of DRC to GTQ. However, you can first exchange DRC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of DRC to GTQ?
There are many factors that affect the relationship between Digital Reserve Currency and Guatemalan Quetzal, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of DRC/GTQ. When there is positive news in the market about the widespread adoption of DRC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DRC/GTQ. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DRC/GTQ.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of DRC/GTQ. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Digital Reserve Currency and adjust their investment strategies accordingly in the evolving market.
Digital Reserve Currency price prediction
What will the price of DRC be in 2026?
Based on DRC's historical price performance prediction model, the price of DRC is projected to reach $0.0001448 in 2026.
What will the price of DRC be in 2031?
In 2031, the DRC price is expected to change by +42.00%. By the end of 2031, the DRC price is projected to reach $0.0002852, with a cumulative ROI of +124.57%.
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Popular Digital Reserve Currency Converter
Check out these popular currency conversions of Digital Reserve Currency to several fiat currencies.
DRC to GTQ
1 DRC to Q 0.0009783 GTQ
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1 DRC to NT$ 0.004207 TWD
DRC to CNY
1 DRC to ¥ 0.0009235 CNY
DRC to USD
1 DRC to $ 0.0001268 USD
DRC to EUR
1 DRC to € 0.0001157 EUR
DRC to CAD
1 DRC to $ 0.0001804 CAD
DRC to KRW
1 DRC to ₩ 0.1850 KRW
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1 DRC to ¥ 0.01863 JPY
DRC to GBP
1 DRC to £ 0.{4}9841 GBP
DRC to BRL
1 DRC to R$ 0.0007404 BRL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Digital Reserve Currency and GTQ.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Digital Reserve Currency and GTQ. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Digital Reserve Currency in GTQ, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
