Historic Chinese Yuan Renminbi Guatemalan quetzal

Chinese Yuan Renminbi guatemalan quetzal history for December 2023. The highest quote for this month is 1.0992 (16/12/2023) and the lowest 1.0992 (16/12/2023). The difference between high and low is 0.

CNY GTQ average rate for December 2023 is 1.07948, the change between 01/12/2023 and 31/12/2023 is -0.06 %.

01 December 20231 CNY = 1.080 GTQ
02 December 20231 CNY = 1.097 GTQ
03 December 20231 CNY = 1.097 GTQ
04 December 20231 CNY = 1.084 GTQ
05 December 20231 CNY = 1.073 GTQ
06 December 20231 CNY = 1.070 GTQ
07 December 20231 CNY = 1.071 GTQ
08 December 20231 CNY = 1.070 GTQ
10 December 20231 CNY = 1.092 GTQ
11 December 20231 CNY = 1.074 GTQ
12 December 20231 CNY = 1.066 GTQ
13 December 20231 CNY = 1.065 GTQ
14 December 20231 CNY = 1.066 GTQ
15 December 20231 CNY = 1.080 GTQ
16 December 20231 CNY = 1.099 GTQ
17 December 20231 CNY = 1.099 GTQ
18 December 20231 CNY = 1.086 GTQ
19 December 20231 CNY = 1.071 GTQ
20 December 20231 CNY = 1.080 GTQ
21 December 20231 CNY = 1.071 GTQ
22 December 20231 CNY = 1.069 GTQ
23 December 20231 CNY = 1.097 GTQ
24 December 20231 CNY = 1.097 GTQ
25 December 20231 CNY = 1.080 GTQ
26 December 20231 CNY = 1.072 GTQ
27 December 20231 CNY = 1.071 GTQ
28 December 20231 CNY = 1.071 GTQ
29 December 20231 CNY = 1.081 GTQ

14/09/2020: Centenary of the Quetzal

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

29/11/2015: Inclusion of the Renminbi in IMF's SDR Basket

The International Monetary Fund (IMF) includes the Renminbi in its Special Drawing Rights (SDR) basket, recognizing its global importance as a reserve currency and boosting the international status of the Chinese Yuan Renminbi.

30/05/2011: New banknotes

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

18/06/2009: Resumption of Renminbi Appreciation

China allows the Renminbi to resume an appreciation trajectory against the US dollar after a period of stability, signaling a shift in the country's exchange rate policy.

20/07/2005: Introduction of Managed Float

China adopts a managed floating exchange rate system, allowing the Renminbi to fluctuate within a narrow band against a basket of currencies, reducing its dependence on the US dollar.

31/12/1993: Renminbi Pegged to US Dollar

China pegs the value of the Renminbi to the US dollar, setting an exchange rate of 8.28 Yuan per dollar, which remains fixed for over a decade, impacting China's export competitiveness.

31/12/1992: Introduction of Dual Currency System

China introduces a dual currency system, with the offshore Renminbi (CNH) and the onshore Renminbi (CNY), aiming to facilitate foreign exchange flows and international trade.

09/02/1987: Quetzal devaluation

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

14/08/1971: End of the Bretton Woods System

The United States suspends the convertibility of the US dollar to gold, leading to the collapse of the Bretton Woods System and a shift towards floating exchange rates, affecting the value of the Chinese Yuan Renminbi.

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.

14/12/1948: Formation of the People's Bank of China

The People's Bank of China was established, marking the beginning of central banking in China and the introduction of the Chinese Yuan Renminbi as the official currency.

25/06/1946: The Quetzalé bill

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

22/06/1925: Introduction of the Quetzal

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