Historic Guatemalan quetzal Colombian Peso

Guatemalan quetzal colombian peso history for August 2023. The highest quote for this month is 540.46 (04/08/2023) and the lowest 536.96 (04/08/2023). The difference between high and low is 0.65.

GTQ COP average rate for August 2023 is 528.23654, the change between 01/08/2023 and 31/08/2023 is -4.91 %.

01 August 20231 GTQ = 508.7 COP
02 August 20231 GTQ = 516.5 COP
03 August 20231 GTQ = 525.5 COP
04 August 20231 GTQ = 536.3 COP
07 August 20231 GTQ = 535.9 COP
08 August 20231 GTQ = 524.6 COP
09 August 20231 GTQ = 527.3 COP
10 August 20231 GTQ = 527.3 COP
11 August 20231 GTQ = 518.9 COP
12 August 20231 GTQ = 505.6 COP
14 August 20231 GTQ = 513.9 COP
15 August 20231 GTQ = 525.8 COP
16 August 20231 GTQ = 533.7 COP
17 August 20231 GTQ = 537.3 COP
18 August 20231 GTQ = 533.8 COP
19 August 20231 GTQ = 524.4 COP
20 August 20231 GTQ = 524.4 COP
21 August 20231 GTQ = 538.5 COP
22 August 20231 GTQ = 530.1 COP
23 August 20231 GTQ = 536.5 COP
24 August 20231 GTQ = 533.7 COP
25 August 20231 GTQ = 532.1 COP
28 August 20231 GTQ = 536.9 COP
29 August 20231 GTQ = 537.3 COP
30 August 20231 GTQ = 535.7 COP
31 August 20231 GTQ = 533.7 COP

14/09/2020: Centenary of the Quetzal

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

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements 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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

22/06/1925: Introduction of the Quetzal

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

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.