Historic Guatemalan quetzal Eritrean nakfa

Guatemalan quetzal eritrean nakfa history for February 2024. The highest quote for this month is 1.9792 (21/02/2024) and the lowest 1.9834 (02/02/2024). The difference between high and low is -0.21.

GTQ ERN average rate for February 2024 is 1.96459, the change between 01/02/2024 and 29/02/2024 is +0.09 %.

01 February 20241 GTQ = 1.981 ERN
02 February 20241 GTQ = 1.972 ERN
03 February 20241 GTQ = 1.926 ERN
04 February 20241 GTQ = 1.926 ERN
05 February 20241 GTQ = 1.958 ERN
06 February 20241 GTQ = 1.971 ERN
07 February 20241 GTQ = 1.975 ERN
08 February 20241 GTQ = 1.973 ERN
09 February 20241 GTQ = 1.976 ERN
12 February 20241 GTQ = 1.976 ERN
13 February 20241 GTQ = 1.978 ERN
14 February 20241 GTQ = 1.977 ERN
15 February 20241 GTQ = 1.975 ERN
16 February 20241 GTQ = 1.978 ERN
17 February 20241 GTQ = 1.929 ERN
18 February 20241 GTQ = 1.929 ERN
19 February 20241 GTQ = 1.977 ERN
20 February 20241 GTQ = 1.975 ERN
21 February 20241 GTQ = 1.979 ERN
22 February 20241 GTQ = 1.977 ERN
23 February 20241 GTQ = 1.974 ERN
24 February 20241 GTQ = 1.929 ERN
25 February 20241 GTQ = 1.929 ERN
26 February 20241 GTQ = 1.974 ERN
27 February 20241 GTQ = 1.975 ERN
28 February 20241 GTQ = 1.976 ERN
29 February 20241 GTQ = 1.979 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.
GTQ ERN July 2023
GTQ ERN August 2023
GTQ ERN September 2023
GTQ ERN October 2023
GTQ ERN November 2023
GTQ ERN December 2023
GTQ ERN January 2024
GTQ ERN February 2024
GTQ ERN March 2024
GTQ ERN April 2024
GTQ ERN May 2024
GTQ ERN June 2024
GTQ ERN July 2024