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.
20/05/2007: Kuwaiti Dinar Redenominated
The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.
20/03/2003: US Invasion of Iraq
The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.
25/03/1991: Kuwait Liberated
Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.
02/08/1990: Iraqi Invasion of Kuwait
Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.
09/02/1987: Quetzal devaluation
The Quetzal was devalued by 66% as part of an economic stabilization plan.
16/09/1980: Iraq-Iran War Begins
The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.
20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)
Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.
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.
02/01/1961: Kuwaiti Dinar Introduced
The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
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.