Historic Guatemalan quetzal Icelandic Krona

Guatemalan quetzal icelandic krona history for December 2023. The highest quote for this month is 18.318 (12/12/2023) and the lowest 18.236 (12/12/2023). The difference between high and low is 0.45.

GTQ ISK average rate for December 2023 is 18.00814, the change between 01/12/2023 and 31/12/2023 is +2.48 %.

01 December 20231 GTQ = 18.07 ISK
04 December 20231 GTQ = 18.10 ISK
05 December 20231 GTQ = 18.16 ISK
06 December 20231 GTQ = 18.20 ISK
07 December 20231 GTQ = 18.19 ISK
08 December 20231 GTQ = 18.15 ISK
11 December 20231 GTQ = 18.20 ISK
12 December 20231 GTQ = 18.26 ISK
13 December 20231 GTQ = 18.27 ISK
14 December 20231 GTQ = 18.21 ISK
15 December 20231 GTQ = 17.90 ISK
18 December 20231 GTQ = 17.95 ISK
19 December 20231 GTQ = 18.03 ISK
20 December 20231 GTQ = 17.92 ISK
21 December 20231 GTQ = 17.95 ISK
22 December 20231 GTQ = 17.86 ISK
25 December 20231 GTQ = 17.83 ISK
26 December 20231 GTQ = 17.82 ISK
27 December 20231 GTQ = 17.78 ISK
28 December 20231 GTQ = 17.71 ISK
29 December 20231 GTQ = 17.62 ISK

14/09/2020: Centenary of the Quetzal

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

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

30/05/2011: New banknotes

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

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

09/02/1987: Quetzal devaluation

The Quetzal was devalued by 66% as part of an economic stabilization plan.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

22/06/1925: Introduction of the Quetzal

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

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.