Historic Guatemalan quetzal Cuban peso

Guatemalan quetzal cuban peso history for February 2024. The highest quote for this month is 3.1482 (21/02/2024) and the lowest 3.1483 (22/02/2024). The difference between high and low is 0.

GTQ CUP average rate for February 2024 is 3.1283, the change between 01/02/2024 and 29/02/2024 is -0.01 %.

01 February 20241 GTQ = 3.146 CUP
02 February 20241 GTQ = 3.141 CUP
03 February 20241 GTQ = 3.072 CUP
04 February 20241 GTQ = 3.072 CUP
05 February 20241 GTQ = 3.142 CUP
06 February 20241 GTQ = 3.143 CUP
07 February 20241 GTQ = 3.144 CUP
08 February 20241 GTQ = 3.144 CUP
09 February 20241 GTQ = 3.144 CUP
12 February 20241 GTQ = 3.144 CUP
13 February 20241 GTQ = 3.146 CUP
14 February 20241 GTQ = 3.145 CUP
15 February 20241 GTQ = 3.145 CUP
16 February 20241 GTQ = 3.145 CUP
17 February 20241 GTQ = 3.073 CUP
18 February 20241 GTQ = 3.073 CUP
19 February 20241 GTQ = 3.145 CUP
20 February 20241 GTQ = 3.145 CUP
21 February 20241 GTQ = 3.148 CUP
22 February 20241 GTQ = 3.148 CUP
23 February 20241 GTQ = 3.140 CUP
24 February 20241 GTQ = 3.072 CUP
25 February 20241 GTQ = 3.072 CUP
26 February 20241 GTQ = 3.142 CUP
27 February 20241 GTQ = 3.142 CUP
28 February 20241 GTQ = 3.146 CUP
29 February 20241 GTQ = 3.146 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

14/09/2020: Centenary of the Quetzal

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

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

30/05/2011: New banknotes

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

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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.