Historic Guatemalan quetzal Malagasy Ariary

Guatemalan quetzal malagasy ariary history for February 2024. The highest quote for this month is 593.94 (12/02/2024) and the lowest 590.3 (13/02/2024). The difference between high and low is 0.61.

GTQ MGA average rate for February 2024 is 588.44222, the change between 01/02/2024 and 29/02/2024 is +0.57 %.

01 February 20241 GTQ = 591.6 MGA
02 February 20241 GTQ = 590.4 MGA
03 February 20241 GTQ = 580.1 MGA
04 February 20241 GTQ = 580.1 MGA
05 February 20241 GTQ = 586.4 MGA
06 February 20241 GTQ = 588.0 MGA
07 February 20241 GTQ = 590.5 MGA
08 February 20241 GTQ = 594.0 MGA
09 February 20241 GTQ = 589.9 MGA
12 February 20241 GTQ = 588.9 MGA
13 February 20241 GTQ = 593.3 MGA
14 February 20241 GTQ = 593.7 MGA
15 February 20241 GTQ = 593.0 MGA
16 February 20241 GTQ = 592.9 MGA
17 February 20241 GTQ = 580.9 MGA
18 February 20241 GTQ = 580.9 MGA
19 February 20241 GTQ = 590.2 MGA
20 February 20241 GTQ = 589.1 MGA
21 February 20241 GTQ = 593.0 MGA
22 February 20241 GTQ = 592.7 MGA
23 February 20241 GTQ = 588.0 MGA
24 February 20241 GTQ = 580.8 MGA
25 February 20241 GTQ = 580.8 MGA
26 February 20241 GTQ = 588.6 MGA
27 February 20241 GTQ = 591.4 MGA
28 February 20241 GTQ = 590.7 MGA
29 February 20241 GTQ = 588.2 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.
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