Guatemalan quetzal malagasy ariary exchange rate history (GTQ MGA) December 2023

Guatemalan quetzal malagasy ariary history for December 2023. The highest quote for this month is 600.27 (21/12/2023) and the lowest 597.25 (25/12/2023). The difference between high and low is 0.5.

GTQ MGA average rate for December 2023 is 590.04143, the change between 01/12/2023 and 31/12/2023 is -0.71 %.

01 December 2023	1 GTQ = 588.1 MGA
02 December 2023	1 GTQ = 574.8 MGA
03 December 2023	1 GTQ = 574.8 MGA
04 December 2023	1 GTQ = 588.2 MGA
05 December 2023	1 GTQ = 584.1 MGA
06 December 2023	1 GTQ = 592.6 MGA
07 December 2023	1 GTQ = 593.2 MGA
08 December 2023	1 GTQ = 597.2 MGA
10 December 2023	1 GTQ = 578.1 MGA
11 December 2023	1 GTQ = 593.8 MGA
12 December 2023	1 GTQ = 595.5 MGA
13 December 2023	1 GTQ = 596.7 MGA
14 December 2023	1 GTQ = 595.4 MGA
15 December 2023	1 GTQ = 596.6 MGA
16 December 2023	1 GTQ = 578.1 MGA
17 December 2023	1 GTQ = 578.1 MGA
18 December 2023	1 GTQ = 592.7 MGA
19 December 2023	1 GTQ = 595.9 MGA
20 December 2023	1 GTQ = 596.9 MGA
21 December 2023	1 GTQ = 599.7 MGA
22 December 2023	1 GTQ = 597.0 MGA
23 December 2023	1 GTQ = 578.4 MGA
24 December 2023	1 GTQ = 578.1 MGA
25 December 2023	1 GTQ = 597.3 MGA
26 December 2023	1 GTQ = 597.3 MGA
27 December 2023	1 GTQ = 594.6 MGA
28 December 2023	1 GTQ = 595.8 MGA
29 December 2023	1 GTQ = 592.3 MGA

01/01/2023: Planned Fourth Redenomination of Ariary

Madagascar announces plans for the fourth redenomination of the Ariary, aiming to simplify the currency system further.

14/09/2020: Centenary of the Quetzal

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

01/01/2017: Third Redenomination of Ariary

The Malagasy Ariary experiences its third redenomination, resulting in the currency being divided by 5, making 1 new Ariary equal to 5 old Ariary.

30/05/2011: New banknotes

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

01/08/2003: Second Redenomination of Ariary

The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.

16/12/1993: First Redenomination of Ariary

The Malagasy Ariary undergoes its first redenomination, replacing the currency at a ratio of 1 new Ariary to 5 old Ariary.

09/02/1987: Quetzal devaluation

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

01/01/1983: Introduction of Malagasy Ariary

The Malagasy Ariary is introduced as the new official currency of Madagascar, replacing the Malagasy Franc.

26/06/1975: Independence of Madagascar

Madagascar declares independence from French colonial rule, leading to changes in the national currency.

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.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.

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.

Historic Guatemalan quetzal Malagasy Ariary