Historic Guatemalan quetzal South Korean Won

Guatemalan quetzal south korean won history for August 2023. The highest quote for this month is 175.31 (21/08/2023) and the lowest 174.8 (21/08/2023). The difference between high and low is 0.29.

GTQ KRW average rate for August 2023 is 171.81462, the change between 01/08/2023 and 31/08/2023 is -3.56 %.

01 August 20231 GTQ = 166.4 KRW
02 August 20231 GTQ = 167.8 KRW
03 August 20231 GTQ = 168.4 KRW
04 August 20231 GTQ = 168.9 KRW
07 August 20231 GTQ = 170.8 KRW
08 August 20231 GTQ = 170.4 KRW
09 August 20231 GTQ = 171.4 KRW
10 August 20231 GTQ = 171.0 KRW
11 August 20231 GTQ = 171.6 KRW
12 August 20231 GTQ = 168.6 KRW
14 August 20231 GTQ = 172.4 KRW
15 August 20231 GTQ = 173.8 KRW
16 August 20231 GTQ = 174.5 KRW
17 August 20231 GTQ = 175.1 KRW
18 August 20231 GTQ = 174.5 KRW
19 August 20231 GTQ = 170.6 KRW
20 August 20231 GTQ = 170.6 KRW
21 August 20231 GTQ = 175.2 KRW
22 August 20231 GTQ = 174.9 KRW
23 August 20231 GTQ = 174.8 KRW
24 August 20231 GTQ = 173.2 KRW
25 August 20231 GTQ = 173.0 KRW
28 August 20231 GTQ = 172.5 KRW
29 August 20231 GTQ = 172.4 KRW
30 August 20231 GTQ = 172.3 KRW
31 August 20231 GTQ = 172.4 KRW

14/09/2020: Centenary of the Quetzal

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

30/05/2011: New banknotes

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

09/02/1987: Quetzal devaluation

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

22/06/1925: Introduction of the Quetzal

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