Historic Guatemalan quetzal Lebanese pound

Guatemalan quetzal lebanese pound history for August 2023. The highest quote for this month is 1959.71 (21/08/2023) and the lowest 1955.43 (18/08/2023). The difference between high and low is 0.22.

GTQ LBP average rate for August 2023 is 1948.01577, the change between 01/08/2023 and 31/08/2023 is +0.05 %.

01 August 20231 GTQ = 1955.56 LBP
02 August 20231 GTQ = 1952.22 LBP
03 August 20231 GTQ = 1949.88 LBP
04 August 20231 GTQ = 1954.54 LBP
07 August 20231 GTQ = 1949.76 LBP
08 August 20231 GTQ = 1949.53 LBP
09 August 20231 GTQ = 1949.05 LBP
10 August 20231 GTQ = 1948.94 LBP
11 August 20231 GTQ = 1948.86 LBP
12 August 20231 GTQ = 1909.00 LBP
14 August 20231 GTQ = 1948.86 LBP
15 August 20231 GTQ = 1952.73 LBP
16 August 20231 GTQ = 1955.63 LBP
17 August 20231 GTQ = 1955.09 LBP
18 August 20231 GTQ = 1953.64 LBP
19 August 20231 GTQ = 1910.71 LBP
20 August 20231 GTQ = 1910.71 LBP
21 August 20231 GTQ = 1953.33 LBP
22 August 20231 GTQ = 1959.71 LBP
23 August 20231 GTQ = 1957.30 LBP
24 August 20231 GTQ = 1956.43 LBP
25 August 20231 GTQ = 1956.18 LBP
28 August 20231 GTQ = 1952.08 LBP
29 August 20231 GTQ = 1952.02 LBP
30 August 20231 GTQ = 1952.09 LBP
31 August 20231 GTQ = 1954.56 LBP

14/09/2020: Centenary of the Quetzal

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

17/10/2019: Protests against economic crisis

Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.

30/05/2011: New banknotes

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

03/11/1997: Revaluation of the Lebanese pound

The Lebanese pound was revalued at a rate of 1,500 LBP = 1 USD, ending the fixed exchange rate with the US dollar.

09/02/1987: Quetzal devaluation

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

01/01/1986: Introduction of the parallel exchange market

The parallel exchange market was introduced in Lebanon, leading to a diverging exchange rate between the official and unofficial markets.

01/01/1976: Lebanese Civil War

The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.

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.

01/01/1961: Pegged to the US dollar

The Lebanese pound was pegged to the US dollar at an exchange rate of 1 LBP = 1.5 USD.

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.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

22/06/1925: Introduction of the Quetzal

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

01/10/1920: Lebanese pound introduced

The Lebanese pound was introduced at a fixed exchange rate of 1 pound = 20 French francs during the French mandate period.
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