Historic Guatemalan quetzal Cuban peso

Guatemalan quetzal cuban peso history for October 2023. The highest quote for this month is 3.1336 (23/10/2023) and the lowest 3.1337 (26/10/2023). The difference between high and low is 0.

GTQ CUP average rate for October 2023 is 3.11783, the change between 01/10/2023 and 31/10/2023 is -2.58 %.

01 October 20231 GTQ = 3.054 CUP
02 October 20231 GTQ = 3.125 CUP
03 October 20231 GTQ = 3.125 CUP
04 October 20231 GTQ = 3.127 CUP
05 October 20231 GTQ = 3.130 CUP
06 October 20231 GTQ = 3.130 CUP
07 October 20231 GTQ = 3.059 CUP
09 October 20231 GTQ = 3.131 CUP
10 October 20231 GTQ = 3.131 CUP
11 October 20231 GTQ = 3.132 CUP
12 October 20231 GTQ = 3.131 CUP
13 October 20231 GTQ = 3.132 CUP
16 October 20231 GTQ = 3.132 CUP
17 October 20231 GTQ = 3.132 CUP
18 October 20231 GTQ = 3.133 CUP
19 October 20231 GTQ = 3.131 CUP
20 October 20231 GTQ = 3.131 CUP
21 October 20231 GTQ = 3.061 CUP
22 October 20231 GTQ = 3.061 CUP
23 October 20231 GTQ = 3.133 CUP
24 October 20231 GTQ = 3.133 CUP
25 October 20231 GTQ = 3.133 CUP
26 October 20231 GTQ = 3.133 CUP
27 October 20231 GTQ = 3.134 CUP
29 October 20231 GTQ = 3.060 CUP
30 October 20231 GTQ = 3.133 CUP
31 October 20231 GTQ = 3.133 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.
GTQ CUP July 2023
GTQ CUP August 2023
GTQ CUP September 2023
GTQ CUP October 2023
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