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20 Quetzales Independence

Issuer Banco de Guatemala
Year 2020
Type Commemorative banknote
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Obverse description Central intaglio vignette of Dr. Mariano Gálvez, rendered in fine engraved portrait style, positioned at centre with a faint underprint of the Real Palacio de Nueva Guatemala de la Asunción to the right. The bicentennial dates "1821–2021" appear in bold purple numerals to the upper left, with the bank title and the denomination numeral "20" printed in dark blue at upper right. Three colour-shifting security patches bearing the numeral "20" are arranged horizontally near the lower margin, alongside two signature lines with printed titles "Gerente General" and "Presidente" above the bold letterpress legend "VEINTE QUETZALES" at foot.
Obverse lettering Banco de Guatemala Guatemala, Centro América Doctor Mariano Gálvez Prócer de la independencia y Jefe de Estado de Guatemala en la Federación Centroamericana Aprobación 27 de Mayo de 2020 Gerente General Presidente Veinte quetzales
(Translation: Bank of Guatemala Guatemala, Central America Doctor Mariano Gálvez Procer of independence and Chief of State of Guatemala in the Central American Federation Approval 27 May 2020 General Manager President Twenty quetzales)
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Comments

Guatemala's 20 Quetzal note commemorates independence from Spain in 1821 — but the country's first years of self-governance were anything but stable, cycling through annexation to Mexico, a failed Central American federation, and a long string of caudillo governments before anything resembling modern banking took hold. The Banco de Guatemala itself was only established in 1946, after the 1944 revolution that ousted Jorge Ubico ended fourteen years of authoritarian rule.

G+D's Leipzig facility has supplied Guatemalan paper currency for decades, a relationship that has survived multiple series redesigns. The 2020 paper issue is notable partly because Guatemala has simultaneously maintained polymer versions of some denominations, making the material choice here a deliberate one rather than a default.

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