The Monetary Board approved the emission of Q200 Bills (24.88 dollars at today's exchange rate) which would go into circulation later this year.
Julio Roberto Suarez, vice president of the Bank of Guatemala (Banguat), informed PrensaLibre.com: "The Banguat will get the price quotes and it will conduct the international bidding with the currency manufacturers that supply the region in June."
Financial company Global Exchange's Eurodivisas anticipates expansion into new markets such as Guatemala, Colombia, Chile or Brazil.
Group President, Isidro Alanis, told us that in the short term the company expects to open offices at airports in Acapulco, Zihuatanejo and Monterrey, Mexico.
He indicated their interest in establishing offices at other international airports in countries such as Brazil, Chile, Colombia and Guatemala.
"I wish that it would be someday!" said Mexican president Felipe Calderon, pointing out that Latin America has very distinct economic and monetary policies.
He also highlighted the various exchange rate and monetary systems. "There are countries which have their own currency and the corresponding seigniorage; and there are countries which used other countries' currencies, such as El Salvador or Ecuador, which have their economies in US dollars.
Not only the euro and the pound sterling have been strengthening against the US dollar, so have Central American currencies, above all Guatemala's quetzal.
The Honduran lempira and Costa Rica's colon have also been gaining against the dollar, though not by as much as the quetzal.
The flow of hard currency from the United States to Central America has stepped up considerably in recent months, bolstering the value of the region's currencies.
The general manager of the National Bank of Panama, Juan Dianous, said he was interested in the possibility of using the euro as a second currency in Panama.
At present there are numerous commercial businesses, hotels and restaurants that accept euros, and several financial institutions carry out operations and open accounts in euros.
Experts say that the dollar devaluation has diminished the purchasing power of Panamaneans, and that it would be feasible to create a financial center where customers could set up their own charge accounts in euros.