Guatemalan quetzal on August 20, 2007. The Bank of Guatemala has also introduced a 5 quetzal polymer banknote on November 14, 2011. Guatemalan quetzal The quetzal (; code: GTQ) is the currency of Guatemala, named after the national bird of Guatemala, the resplendent quetzal. In ancient Mayan culture, the quetzal bird's tail feathers were used as currency. It is divided into 100 "centavos" or "lenes" in Guatemalan slang. The plural is "quetzales". The quetzal was introduced in 1925 during the term of President José María Orellana, whose image appears on the obverse of the one-quetzal bill. It replaced the peso. Until 1987,
Resplendent quetzal during the latter stages of the Spanish conquest of the region. This quetzal was his "nahual" (spirit guide). The Quiché repelled several attacks from the Spanish army, even though outmatched in weaponry (guns, armor and cavalry against spears and arrows). Legend has it that on the day the conquistador Pedro de Alvarado fought against Tecún Umán, there was a quetzal flying overhead. On the first strike Tecún Umán, on foot, managed to disable Pedro de Alvarado's horse. Alvarado was then given another horse and on the second strike ran through Tecún Umán's chest with a spear. The quetzal flew down