Guatemalan quetzal eritrean nakfa exchange rate history (GTQ ERN) December 2023

Guatemalan quetzal eritrean nakfa history for December 2023. The highest quote for this month is 1.9743 (19/12/2023) and the lowest 1.9899 (14/12/2023). The difference between high and low is -0.79.

GTQ ERN average rate for December 2023 is 1.95757, the change between 01/12/2023 and 31/12/2023 is +0.38 %.

01 December 2023	1 GTQ = 1.969 ERN
02 December 2023	1 GTQ = 1.923 ERN
03 December 2023	1 GTQ = 1.923 ERN
04 December 2023	1 GTQ = 1.966 ERN
05 December 2023	1 GTQ = 1.969 ERN
06 December 2023	1 GTQ = 1.969 ERN
07 December 2023	1 GTQ = 1.970 ERN
08 December 2023	1 GTQ = 1.968 ERN
10 December 2023	1 GTQ = 1.924 ERN
11 December 2023	1 GTQ = 1.969 ERN
12 December 2023	1 GTQ = 1.970 ERN
13 December 2023	1 GTQ = 1.972 ERN
14 December 2023	1 GTQ = 1.969 ERN
15 December 2023	1 GTQ = 1.974 ERN
16 December 2023	1 GTQ = 1.926 ERN
17 December 2023	1 GTQ = 1.926 ERN
18 December 2023	1 GTQ = 1.960 ERN
19 December 2023	1 GTQ = 1.974 ERN
20 December 2023	1 GTQ = 1.972 ERN
21 December 2023	1 GTQ = 1.971 ERN
22 December 2023	1 GTQ = 1.973 ERN
23 December 2023	1 GTQ = 1.925 ERN
24 December 2023	1 GTQ = 1.926 ERN
26 December 2023	1 GTQ = 1.968 ERN
27 December 2023	1 GTQ = 1.969 ERN
28 December 2023	1 GTQ = 1.969 ERN
29 December 2023	1 GTQ = 1.962 ERN

14/09/2020: Centenary of the Quetzal

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

08/04/2020: COVID-19 impact on currency circulation

Due to the COVID-19 pandemic, circulation of nakfa banknotes decreased as people relied more on digital transactions.

25/02/2019: Introduction of new nakfa banknotes

Eritrea introduced new banknotes in denominations of 5, 10, 20, 50, and 100 nakfa.

30/10/2018: Currency devaluation

Eritrea devalued the nakfa by 14%, reducing its official exchange rate to 1 USD = 15 ERN.

22/01/2015: Dollarization policy imposed

Eritrea imposed a dollarization policy, making the US dollar the predominant currency for most transactions.

30/05/2011: New banknotes

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

14/11/2005: Currency redenomination

The Eritrean nakfa underwent a redenomination where old nakfa notes were replaced with new nakfa notes in a ratio of 1:1,000.

08/11/1997: Introduction of the Eritrean nakfa

The Eritrean nakfa was introduced as the official currency of Eritrea, replacing the Ethiopian birr.

08/11/1997: Currency exchange rate fixed

The Eritrean nakfa was fixed at an exchange rate of 1 USD = 10 ERN.

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.

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.

Historic Guatemalan quetzal Eritrean nakfa