Historic Norwegian krone Guatemalan quetzal

Norwegian krone guatemalan quetzal history for November 2023. The highest quote for this month is 0.73125 (26/11/2023) and the lowest 0.73125 (26/11/2023). The difference between high and low is 0.

NOK GTQ average rate for November 2023 is 0.70237, the change between 01/11/2023 and 30/11/2023 is -4.67 %.

01 November 20231 NOK = 0.6853 GTQ
02 November 20231 NOK = 0.6866 GTQ
03 November 20231 NOK = 0.6845 GTQ
06 November 20231 NOK = 0.6885 GTQ
07 November 20231 NOK = 0.6924 GTQ
08 November 20231 NOK = 0.6826 GTQ
09 November 20231 NOK = 0.6844 GTQ
10 November 20231 NOK = 0.6809 GTQ
12 November 20231 NOK = 0.7045 GTQ
13 November 20231 NOK = 0.6858 GTQ
14 November 20231 NOK = 0.6907 GTQ
15 November 20231 NOK = 0.7023 GTQ
16 November 20231 NOK = 0.7078 GTQ
17 November 20231 NOK = 0.6995 GTQ
19 November 20231 NOK = 0.7248 GTQ
20 November 20231 NOK = 0.7035 GTQ
21 November 20231 NOK = 0.7152 GTQ
22 November 20231 NOK = 0.7173 GTQ
23 November 20231 NOK = 0.7107 GTQ
24 November 20231 NOK = 0.7102 GTQ
26 November 20231 NOK = 0.7313 GTQ
27 November 20231 NOK = 0.7125 GTQ
28 November 20231 NOK = 0.7199 GTQ
29 November 20231 NOK = 0.7208 GTQ
30 November 20231 NOK = 0.7173 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.