Historic Guatemalan quetzal Mexican peso

Guatemalan quetzal mexican peso history for January 2024. The highest quote for this month is 2.2742 (23/01/2024) and the lowest 2.2536 (17/01/2024). The difference between high and low is 0.91.

GTQ MXN average rate for January 2024 is 2.22393, the change between 01/01/2024 and 31/01/2024 is -1.54 %.

01 January 20241 GTQ = 2.216 MXN
02 January 20241 GTQ = 2.213 MXN
03 January 20241 GTQ = 2.227 MXN
04 January 20241 GTQ = 2.229 MXN
05 January 20241 GTQ = 2.227 MXN
06 January 20241 GTQ = 2.155 MXN
07 January 20241 GTQ = 2.154 MXN
08 January 20241 GTQ = 2.216 MXN
09 January 20241 GTQ = 2.205 MXN
10 January 20241 GTQ = 2.222 MXN
11 January 20241 GTQ = 2.225 MXN
12 January 20241 GTQ = 2.213 MXN
14 January 20241 GTQ = 2.158 MXN
15 January 20241 GTQ = 2.213 MXN
16 January 20241 GTQ = 2.213 MXN
17 January 20241 GTQ = 2.249 MXN
18 January 20241 GTQ = 2.253 MXN
19 January 20241 GTQ = 2.250 MXN
22 January 20241 GTQ = 2.240 MXN
23 January 20241 GTQ = 2.249 MXN
24 January 20241 GTQ = 2.268 MXN
25 January 20241 GTQ = 2.257 MXN
26 January 20241 GTQ = 2.250 MXN
28 January 20241 GTQ = 2.194 MXN
29 January 20241 GTQ = 2.246 MXN
30 January 20241 GTQ = 2.257 MXN
31 January 20241 GTQ = 2.250 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.