Historic Guatemalan quetzal Mexican peso

Guatemalan quetzal mexican peso history for February 2024. The highest quote for this month is 2.2615 (01/02/2024) and the lowest 2.2438 (02/02/2024). The difference between high and low is 0.78.

GTQ MXN average rate for February 2024 is 2.2288, the change between 01/02/2024 and 29/02/2024 is +0.71 %.

01 February 20241 GTQ = 2.263 MXN
02 February 20241 GTQ = 2.237 MXN
03 February 20241 GTQ = 2.189 MXN
04 February 20241 GTQ = 2.192 MXN
05 February 20241 GTQ = 2.228 MXN
06 February 20241 GTQ = 2.241 MXN
07 February 20241 GTQ = 2.232 MXN
08 February 20241 GTQ = 2.235 MXN
09 February 20241 GTQ = 2.246 MXN
12 February 20241 GTQ = 2.242 MXN
13 February 20241 GTQ = 2.240 MXN
14 February 20241 GTQ = 2.257 MXN
15 February 20241 GTQ = 2.240 MXN
16 February 20241 GTQ = 2.237 MXN
17 February 20241 GTQ = 2.181 MXN
18 February 20241 GTQ = 2.182 MXN
19 February 20241 GTQ = 2.236 MXN
20 February 20241 GTQ = 2.235 MXN
21 February 20241 GTQ = 2.240 MXN
22 February 20241 GTQ = 2.237 MXN
23 February 20241 GTQ = 2.240 MXN
24 February 20241 GTQ = 2.189 MXN
25 February 20241 GTQ = 2.188 MXN
26 February 20241 GTQ = 2.245 MXN
27 February 20241 GTQ = 2.239 MXN
28 February 20241 GTQ = 2.240 MXN
29 February 20241 GTQ = 2.247 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.