Guatemalan quetzal chinese yuan renminbi exchange rate history (GTQ CNY) December 2023

Guatemalan quetzal chinese yuan renminbi history for December 2023. The highest quote for this month is 0.9399 (13/12/2023) and the lowest 0.9341 (06/12/2023). The difference between high and low is 0.62.

GTQ CNY average rate for December 2023 is 0.92648, the change between 01/12/2023 and 31/12/2023 is +0.08 %.

01 December 2023	1 GTQ = 0.9258 CNY
02 December 2023	1 GTQ = 0.9120 CNY
03 December 2023	1 GTQ = 0.9120 CNY
04 December 2023	1 GTQ = 0.9226 CNY
05 December 2023	1 GTQ = 0.9323 CNY
06 December 2023	1 GTQ = 0.9348 CNY
07 December 2023	1 GTQ = 0.9341 CNY
08 December 2023	1 GTQ = 0.9348 CNY
10 December 2023	1 GTQ = 0.9157 CNY
11 December 2023	1 GTQ = 0.9310 CNY
12 December 2023	1 GTQ = 0.9380 CNY
13 December 2023	1 GTQ = 0.9390 CNY
14 December 2023	1 GTQ = 0.9384 CNY
15 December 2023	1 GTQ = 0.9257 CNY
16 December 2023	1 GTQ = 0.9097 CNY
17 December 2023	1 GTQ = 0.9097 CNY
18 December 2023	1 GTQ = 0.9208 CNY
19 December 2023	1 GTQ = 0.9340 CNY
20 December 2023	1 GTQ = 0.9262 CNY
21 December 2023	1 GTQ = 0.9341 CNY
22 December 2023	1 GTQ = 0.9356 CNY
23 December 2023	1 GTQ = 0.9120 CNY
24 December 2023	1 GTQ = 0.9114 CNY
25 December 2023	1 GTQ = 0.9263 CNY
26 December 2023	1 GTQ = 0.9331 CNY
27 December 2023	1 GTQ = 0.9334 CNY
28 December 2023	1 GTQ = 0.9339 CNY
29 December 2023	1 GTQ = 0.9251 CNY

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.

Historic Guatemalan quetzal Chinese Yuan Renminbi