Historic Norwegian krone Guatemalan quetzal

Norwegian krone guatemalan quetzal history for December 2023. The highest quote for this month is 0.76752 (24/12/2023) and the lowest 0.76708 (23/12/2023). The difference between high and low is 0.06.

NOK GTQ average rate for December 2023 is 0.72842, the change between 01/12/2023 and 31/12/2023 is -6.68 %.

01 December 20231 NOK = 0.7073 GTQ
04 December 20231 NOK = 0.7172 GTQ
05 December 20231 NOK = 0.7062 GTQ
06 December 20231 NOK = 0.6997 GTQ
07 December 20231 NOK = 0.6972 GTQ
08 December 20231 NOK = 0.7038 GTQ
10 December 20231 NOK = 0.7176 GTQ
11 December 20231 NOK = 0.7025 GTQ
12 December 20231 NOK = 0.6982 GTQ
13 December 20231 NOK = 0.6976 GTQ
14 December 20231 NOK = 0.7095 GTQ
15 December 20231 NOK = 0.7272 GTQ
18 December 20231 NOK = 0.7337 GTQ
19 December 20231 NOK = 0.7347 GTQ
20 December 20231 NOK = 0.7438 GTQ
21 December 20231 NOK = 0.7384 GTQ
22 December 20231 NOK = 0.7429 GTQ
23 December 20231 NOK = 0.7671 GTQ
24 December 20231 NOK = 0.7675 GTQ
25 December 20231 NOK = 0.7516 GTQ
26 December 20231 NOK = 0.7518 GTQ
27 December 20231 NOK = 0.7549 GTQ
28 December 20231 NOK = 0.7571 GTQ
29 December 20231 NOK = 0.7546 GTQ

14/09/2020: Centenary of the Quetzal

The Guatemalan Quetzal celebrated its centenary, marking 100 years as the national currency of Guatemala.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

30/05/2011: New banknotes

New banknotes were introduced to incorporate modern security features and commemorate the 20th anniversary of Quetzal's reintroduction.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

09/02/1987: Quetzal devaluation

The Quetzal was devalued by 66% as part of an economic stabilization plan.

13/09/1967: Decree Law 17-67

Decree Law 17-67 was enacted, establishing a fixed exchange rate between the Quetzal and the US dollar.

08/04/1951: Monetary Reform

Guatemala underwent a monetary reform, with the introduction of the Quetzal as the sole currency.

25/06/1946: The Quetzalé bill

The Quetzalé bill, equivalent to 1,000 Quetzales, was introduced to combat hyperinflation.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

22/06/1925: Introduction of the Quetzal

The Guatemalan Quetzal was introduced as the official currency, replacing the Guatemalan peso.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.