Guatemalan banknotes include issues of the Guatemalan quetzal and, previously, the peso, reflecting the country’s economic, political and cultural development from the 19th century to the present. The series feature historical figures, cultural heritage, Mayan civilization elements, natural landscapes and symbolic motifs representing Guatemalan identity, accompanying monetary reforms, financial modernization and phases of national development. Due to their design variety, variants, signatures and historical relevance within Central America, Guatemalan paper money is appreciated in international numismatics and sought after by world banknote collectors.