Historic Guatemalan quetzal Mexican peso

Guatemalan quetzal mexican peso history for December 2023. The highest quote for this month is 2.2908 (08/12/2023) and the lowest 2.2779 (05/12/2023). The difference between high and low is 0.56.

GTQ MXN average rate for December 2023 is 2.23396, the change between 01/12/2023 and 31/12/2023 is +2.95 %.

01 December 20231 GTQ = 2.274 MXN
02 December 20231 GTQ = 2.193 MXN
03 December 20231 GTQ = 2.194 MXN
04 December 20231 GTQ = 2.246 MXN
05 December 20231 GTQ = 2.281 MXN
06 December 20231 GTQ = 2.271 MXN
07 December 20231 GTQ = 2.260 MXN
08 December 20231 GTQ = 2.285 MXN
10 December 20231 GTQ = 2.215 MXN
11 December 20231 GTQ = 2.266 MXN
12 December 20231 GTQ = 2.271 MXN
13 December 20231 GTQ = 2.264 MXN
14 December 20231 GTQ = 2.259 MXN
15 December 20231 GTQ = 2.252 MXN
16 December 20231 GTQ = 2.198 MXN
17 December 20231 GTQ = 2.203 MXN
18 December 20231 GTQ = 2.243 MXN
19 December 20231 GTQ = 2.248 MXN
20 December 20231 GTQ = 2.236 MXN
21 December 20231 GTQ = 2.243 MXN
22 December 20231 GTQ = 2.232 MXN
23 December 20231 GTQ = 2.170 MXN
24 December 20231 GTQ = 2.172 MXN
25 December 20231 GTQ = 2.220 MXN
26 December 20231 GTQ = 2.220 MXN
27 December 20231 GTQ = 2.218 MXN
28 December 20231 GTQ = 2.212 MXN
29 December 20231 GTQ = 2.207 MXN

14/09/2020: Centenary of the Quetzal

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

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

30/05/2011: New banknotes

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

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

09/02/1987: Quetzal devaluation

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

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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.

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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