Paytm Logo
Download AppDownload App
userSign In

500 GTQ to KPW - Guatemalan Quetzal to North Korean Won Exchange Rate

Q
GTQ - Guatemalan QuetzalDown Arrow
Switch-currency
KPW - North Korean WonDown Arrow
Exchange Rate

GTQ 500 = KPW 58204.085

Convert

1 GTQ = 116.40817 KPW | 1 KPW = 0.00859 GTQ

Last Updated Feb 14, 5:30 IST

GTQ 500 =KPW 58204.085

1 GTQ = 116.40817 KPW
1 KPW = 0.00859 GTQ
Convert
Last Updated Feb 14, 5:30 IST
i

Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.

1 GTQ to KPW Exchange Rate Last 5 Days
Date
North Korean Won Price
Feb 13, 2025
116.40816650910027
Feb 12, 2025
116.54964257398532
Feb 11, 2025
116.53105617003379
Feb 10, 2025
116.38771264032475
Feb 9, 2025
115.86884253735224

GTQ to KPW Exchange Rate Chart

online1 GTQ = 116.40817 KPW

  • 1 Week
  • 1 Month
  • 1 Year
Currency Information
GTQ - Guatemalan Quetzal
Our currency rankings show that the most popular Guatemalan Quetzal exchange rate is the GTQ to KPW rate. The currency code for Guatemalan Quetzal is GTQ. The currency symbol is Q.
More Guatemalan Quetzal inforight-arrow
KPW - North Korean Won
Our currency rankings show that the most popular North Korean Won exchange rate is the KPW to GTQ rate. The currency code for North Korean Won is KPW. The currency symbol is .
More North Korean Won inforight-arrow
1 Guatemalan Quetzal to North Korean Won stats
Last 30 Days
Last 90 Days
High
116.656
117.274
Low
114.546
114.546
Average
116.340
116.580
Volatility
0.43%
0.29%

How much is 500 GTQ in North Korean Won

The exchange value of 500 GTQ in North Korean Won is 58204.085 KPW as on Feb 14.

How to check the exchange rate of 500 GTQ to KPW with Paytm

You can check the exchange rate of 500 Guatemalan Quetzal to North Korean Won by using the Paytm currency exchange rate calculator.

All you need to do to see the exchange 500 GTQ to KPW online is as follows:.

  • Navigate to the Paytm currency calculator page.
  • Enter the amount 500 in the Amount section and
  • Select the currency GTQ - Guatemalan Quetzal in the "From" section
  • Select KPW - North Korean Won in "To" section
  • Finally, click "Convert" to see the 500 GTQ to KPW conversion amount.

Methods to Convert (GTQ) to North Korean Won (KPW) Online

There are several online ways to convert GTQ to KPW.

1. Online Banks

Most banks in India allow GTQ to KPW conversion through their internet banking or mobile apps.

Steps to Convert GTQ to KPW via Online Banking:

  1. Log in to your bank account.
  2. Select "Forex Services" or "Currency Exchange."
  3. Enter the GTQ amount you want to convert.
  4. Check the exchange rate.
  5. Confirm and complete the transaction.

Pros:

  • Safe and secure.
  • Money gets credited directly to your account.
  • No hidden fees.

Cons:

  • Banks may offer lower exchange rates.
  • The process can take a few hours to a few days.

2. International Money Transfer Apps

Apps like Wise, PayPal, and Western Union allow GTQ to KPW conversion quickly.

Steps to Convert GTQ to KPW via international money transfer apps:

  1. Create an account in any app and log in.
  2. Enter the GTQ amount you want to convert.
  3. Choose KPW as the receiving currency.
  4. Add the recipient‘s Indian bank details.
  5. Check the exchange rate and fees.
  6. Confirm and transfer.

Pros:

  • Better exchange rates than banks.
  • Fast transfers (few minutes to hours).
  • Small and transparent fees.

Cons:

  • Requires verification for large amounts.

3. Forex Cards

A Forex card is a prepaid card that holds multiple currencies, including GTQ.

Steps to Convert GTQ to KPW via Forex Card:

  1. Get a Forex card from a bank or travel agency.
  2. Load it with GTQ before traveling.
  3. Use it at ATMs in India to withdraw KPW.
  4. The card automatically converts GTQ to KPW at the time of withdrawal.

Pros:

  • Safer than carrying cash.
  • Good exchange rates.
  • Can be used multiple times.

Cons:

  • Some banks charge ATM withdrawal fees.
  • Limited to international travelers.

4. Cryptocurrency Exchanges

Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.

Steps to Convert GTQ to KPW via Crypto:

  1. Buy Bitcoin (BTC) with GTQ on a crypto exchange.
  2. Transfer the BTC to an Indian exchange.
  3. Sell it for KPW.
  4. Withdraw KPW to your bank account.

Pros:

  • Fast transactions.
  • Good for high amounts.
  • Some platforms offer zero fees.

Cons:

  • Cryptocurrency prices fluctuate.
  • May not be legal in all countries.

Places to Convert GTQ to KPW Offline

There are several offline methods to exchange GTQ to KPW. Let‘s explore them.

1. Banks

Banks offer currency exchange services at competitive rates. You need to visit a branch with your GTQ cash and exchange it for KPW.

Steps to Exchange GTQ to KPW at a Bank:

  1. Visit a bank branch that offers forex services.
  2. Carry your passport, visa, and ID proof (for foreigners).
  3. Fill out the currency exchange form.
  4. Hand over the GTQ cash.
  5. Receive KPW in cash or your bank account.

Pros:

  • Safe and reliable.
  • Better exchange rates than airports.
  • Direct deposit option available.

Cons:

  • Limited working hours.
  • Requires documents for verification.

2. Currency Exchange Centers

Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline GTQ to KPW conversion.

Steps to Exchange GTQ to KPW at an Exchange Center:

  1. Visit a licensed money exchange center.
  2. Show your passport and ID proof.
  3. Provide the GTQ cash for exchange.
  4. Receive KPW at the given exchange rate.

Pros:

  • Quick and easy.
  • Available in major cities and tourist areas.
  • Competitive exchange rates.

Cons:

  • Some centers charge extra service fees.
  • Not available in remote areas.

3. Airport Currency Exchange Counters

Airports have forex counters where travelers can exchange GTQ to KPW.

Steps to Exchange GTQ to KPW at an Airport:

  1. Locate the currency exchange counter at the airport.
  2. Show your passport and travel documents.
  3. Hand over GTQ and receive KPW instantly.

Pros:

  • Convenient for travelers.
  • Open 24/7 in major airports.

Cons:

  • Higher exchange rates compared to banks.
  • Extra service fees.

4. Hotels and Travel Agencies

Some hotels and travel agencies offer currency exchange services for guests.

Steps to Exchange GTQ to KPW at a Hotel or Travel Agency:

  1. Check if your hotel or travel agency provides forex services.
  2. Provide your passport and GTQ cash.
  3. Receive KPW based on their exchange rate.

Pros:

  • Very convenient for travelers.
  • No need to visit a bank or forex center.

Cons:

  • Higher exchange rates.
  • Limited availability.

5. Local Money Changers

In busy markets and tourist spots, you may find local money changers who exchange GTQ for KPW

Steps to Exchange GTQ to KPW at a Local Money Changer:

  1. Find a trusted local money changer.
  2. Negotiate the exchange rate if possible.
  3. Provide GTQ and receive KPW.

Pros:

  • Quick and easy.
  • Sometimes better rates than banks.

Cons:

  • Risk of fraud or counterfeit KPW.
  • No official receipt or record.

Documents Required for GTQ to KPW Exchange

Most offline exchanges require identity proof. Here are the common documents needed:

Document TypeRequired For
PassportAll exchanges (mandatory for foreigners)

Always carry a valid ID when exchanging currency.

Tips to Get the Best Exchange Rate for converting GTQ to KPW

  1. Compare Rates: Use online comparison tools to check the best GTQ to KPW rates before converting.
  2. Avoid Weekends: Exchange rates are higher on weekends due to market closure.
  3. Use Low-Fee Platforms: Choose platforms like Wise or Forex cards to reduce extra charges.
  4. Avoid Airport Exchanges: Airport forex counters have the worst exchange rates.
  5. Convert Larger Amounts: Some platforms offer better rates for higher amounts.
  6. Negotiate: At local money changers, you may get a better rate if you negotiate.
  7. Check for Hidden Fees: Ask about service charges before exchanging.
  8. Verify the Notes: Always count your KPW and check for fake currency.
  9. Use Official Channels: Avoid unlicensed money changers to prevent scams.

Fees and Charges for converting GTQ to KPW

MethodExchange RateTransfer FeeAvailabilitySpeed
Bank TransferLowLowLimited hours1-3 days
Any Third Party AppHighLow24/7Instant/Few minutes
Forex CardMediumLow24/7Instant
Crypto ExchangeHighLow24/7Few minutes
Exchange CentersGoodMediumWidely availableFew minutes
Airport CountersHighHigh24/7 at airportsFew minutes
Hotels/AgenciesVery HighMediumOnly for guestsFew minutes
Local Money ChangersVariesLowRisky but quickFew minutes

Benefits of GTQ to KPW Conversion

Converting Guatemalan Quetzal (GTQ) to North Korean Won (KPW) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:

1. Favorable Exchange Rates

GTQ is a strong and widely traded currency. If the exchange rate is favorable, converting GTQ to KPW can give you more value for your money.

2. Higher Purchasing Power in Korea (North)

Since 1 GTQ equals a significantly higher amount in KPW, converting GTQ to KPW increases your purchasing power, allowing you to afford more goods and services in Korea (North).

3. Supports Travel and Expenses in Korea (North)

If you‘re an NRI, tourist, or returning from the Guatemala, converting GTQ to KPW ensures you have local currency for daily expenses, shopping, and travel within Korea (North).

4. Investment Opportunities

Converting GTQ to KPW can help you invest in Korea (North) assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Guatemala markets.

5. Savings on Transaction Fees

Using a direct GTQ to KPW conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.

6. Business and Trade Advantages

For businesses involved in international trade, converting GTQ to KPW at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.

By choosing the right conversion method and timing, you can maximize the benefits of GTQ to KPW exchange.

Frequently Asked Questions

FAQs

Can I convert GTQ to KPW without a bank account?
Yes, you can use forex cards, international wallets, or cash exchanges.
How long does it take to convert GTQ to KPW online?
It depends on the method: • Bank Transfers: 1-3 days • Wise & PayPal: A few minutes to hours • Crypto: A few minutes • Forex Cards: Instant at ATMs
Is it safe to convert GTQ to KPW online?
Yes, but use trusted platforms like banks, Wise, or PayPal. Avoid unknown websites to prevent fraud.
Are there any hidden charges?
Always check for: • Transfer fees • Conversion charges • GST or other taxes • Bank charges (for wire transfers)
Can I exchange GTQ to KPW without a passport?
Most licensed exchanges require a passport, especially for large amounts. Small amounts may be exchanged with an Aadhaar or PAN card.
How much GTQ can I exchange at a time?
There is no strict limit, but heavy transactions may require extra documentation and approval from respective authorities.
Is it safe to exchange money at local money changers?
It can be risky. Always choose a trusted and licensed money changer to avoid scams.
Do banks offer the best exchange rates?
Banks usually offer better rates than airports and hotels, but money exchange centers might have even better deals.
What should I do if I receive fake KPW notes?
If you suspect fake notes, inform the exchange center immediately and report it to the local police if necessary.
What is the 500 Guatemalan Quetzal (GTQ) worth against the North Korean Won?
500 GTQ is worth 58204.085 North Korean Won today
What is the 25 Guatemalan Quetzal (GTQ) worth against the North Korean Won?
25 GTQ is worth 2910.204 North Korean Won today
What is the 1 Guatemalan Quetzal (GTQ) worth against the Croatian Kuna?
1 GTQ is worth 0.9344152174222309 HRK today
What is the strongest currency in the world right now?
Despite being the most traded and powerful currency in the world, the US dollar may not be the most expensive. On the other hand, Kuwait's strong economy has made the Kuwaiti dinar (KWD) the world's most valuable currency. 1 KWD = $3.26.
What is the top 10 highest currency in the world?
Kuwaiti Dinar, Bahraini Dinar, Omani Rial, Jordanian Dinar, British Pound Sterling, Cayman Islands Dollar, European Euro, Swiss Franc, US Dollar, and Canadian Dollar are the top ten most valuable currencies in the world.
Which is the lowest currency in the world?
The Iranian Rial is the world's most affordable currency.

Source of the rates:apilayer.com

;