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Compare today's GTQ to SAR (Guatemalan Quetzal to Saudi Riyal) exchange rates

Guatemala
Saudi Arabia
GTQ
Interbank Exchange Rate: 1 GTQ = 0.4895 SAR
Updated about an hour ago

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All you need to know about Guatemalan Quetzal to Saudi Riyal money transfers

Easily compare money transfer providers in one place to send money from Guatemala to Saudi Arabia. Send money overseas to your loved ones by comparing Guatemalan Quetzal (GTQ) to Saudi Riyal (SAR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

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Latest GTQ to SAR Conversion Rates

Here are some latest GTQ to SAR (Guatemalan Quetzal to Saudi Riyal) exchange rates for popular conversion amounts*.

1 GTQ0.49 SAR
5 GTQ2.45 SAR
10 GTQ4.90 SAR
25 GTQ12.24 SAR
50 GTQ24.47 SAR
100 GTQ48.95 SAR
150 GTQ73.43 SAR
200 GTQ97.90 SAR
250 GTQ122.38 SAR
300 GTQ146.85 SAR
400 GTQ195.80 SAR
500 GTQ244.75 SAR
600 GTQ293.70 SAR
700 GTQ342.65 SAR
800 GTQ391.60 SAR
1,000 GTQ489.50 SAR
1,500 GTQ734.25 SAR
2,000 GTQ979.00 SAR
2,500 GTQ1,223.75 SAR
3,000 GTQ1,468.50 SAR
4,000 GTQ1,958.00 SAR
5,000 GTQ2,447.50 SAR
10,000 GTQ4,895.00 SAR
15,000 GTQ7,342.50 SAR
20,000 GTQ9,790.00 SAR
30,000 GTQ14,685.00 SAR
40,000 GTQ19,580.00 SAR
50,000 GTQ24,475.00 SAR
100,000 GTQ48,950.00 SAR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Guatemala to Saudi Arabia?

With the global remittance market booming, there are so many choices for Guatemalan Quetzal to SAR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Saudi Arabia from Guatemala. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final SAR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Saudi Arabia from Guatemala?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Saudi Arabia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Guatemala to Saudi Arabia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your GTQ to Saudi Riyal money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Guatemala to Saudi Arabia?

When you want to send money to Saudi Arabia from Guatemala, you obviously want the cheapest possible option to maximize the money your recipient gets in Saudi Riyal. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your GTQ to SAR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Guatemala to Saudi Arabia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Guatemala to Saudi Arabia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Saudi Riyal overseas.


Should I use my bank to send money from Guatemala to Saudi Arabia?

We do not recommend using your local bank in Guatemala for your next GTQ to SAR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Guatemala to Saudi Arabia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending SAR to Saudi Arabia. These companies will let you use your local bank account in Guatemala to pay for your Saudi Arabia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Saudi Arabia from Guatemala?

The speed of your Guatemalan Quetzal to Saudi Riyal funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert GTQ to SAR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Saudi Arabia from Guatemala is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Saudi Arabia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout SAR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Guatemala bank to Saudi Arabia bank transfer.


Which are the best money transfer companies to transfer money to Saudi Arabia from Guatemala?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Guatemala to Saudi Arabia, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Guatemalan Quetzal to Saudi Riyal exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your SAR money transfers to Saudi Arabia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Saudi Arabia getting more money for every Guatemalan Quetzal you send.


Step by step guide to do a money transfer from Guatemala to Saudi Arabia

With so many possible ways to transfer Guatemalan Quetzal to Saudi Riyal, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Guatemala to Saudi Arabia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Guatemala and the receiver in Saudi Arabia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your GTQ to Saudi Riyal money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.