Guatemalan quetzal mexican peso exchange rate history (GTQ MXN) October 2023

Guatemalan quetzal mexican peso history for October 2023. The highest quote for this month is 2.4127 (20/10/2023) and the lowest 2.3833 (20/10/2023). The difference between high and low is 1.22.

GTQ MXN average rate for October 2023 is 2.3481, the change between 01/10/2023 and 31/10/2023 is -6.54 %.

01 October 2023	1 GTQ = 2.216 MXN
02 October 2023	1 GTQ = 2.263 MXN
03 October 2023	1 GTQ = 2.302 MXN
04 October 2023	1 GTQ = 2.348 MXN
05 October 2023	1 GTQ = 2.350 MXN
06 October 2023	1 GTQ = 2.393 MXN
07 October 2023	1 GTQ = 2.315 MXN
09 October 2023	1 GTQ = 2.392 MXN
10 October 2023	1 GTQ = 2.379 MXN
11 October 2023	1 GTQ = 2.342 MXN
12 October 2023	1 GTQ = 2.330 MXN
13 October 2023	1 GTQ = 2.348 MXN
16 October 2023	1 GTQ = 2.358 MXN
17 October 2023	1 GTQ = 2.339 MXN
18 October 2023	1 GTQ = 2.356 MXN
19 October 2023	1 GTQ = 2.382 MXN
20 October 2023	1 GTQ = 2.392 MXN
21 October 2023	1 GTQ = 2.324 MXN
22 October 2023	1 GTQ = 2.325 MXN
23 October 2023	1 GTQ = 2.383 MXN
24 October 2023	1 GTQ = 2.371 MXN
25 October 2023	1 GTQ = 2.386 MXN
26 October 2023	1 GTQ = 2.395 MXN
27 October 2023	1 GTQ = 2.371 MXN
29 October 2023	1 GTQ = 2.310 MXN
30 October 2023	1 GTQ = 2.372 MXN
31 October 2023	1 GTQ = 2.361 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.

Historic Guatemalan quetzal Mexican peso