Historic Guatemalan quetzal Nigerian Naira

Guatemalan quetzal nigerian naira history for February 2024. The highest quote for this month is 213.83 (29/02/2024) and the lowest 210.63 (22/02/2024). The difference between high and low is 1.5.

GTQ NGN average rate for February 2024 is 191.74185, the change between 01/02/2024 and 29/02/2024 is -36.6 %.

01 February 20241 GTQ = 157.0 NGN
02 February 20241 GTQ = 156.2 NGN
03 February 20241 GTQ = 180.9 NGN
04 February 20241 GTQ = 180.9 NGN
05 February 20241 GTQ = 154.8 NGN
06 February 20241 GTQ = 183.4 NGN
07 February 20241 GTQ = 184.5 NGN
08 February 20241 GTQ = 185.9 NGN
09 February 20241 GTQ = 184.0 NGN
12 February 20241 GTQ = 193.5 NGN
13 February 20241 GTQ = 197.3 NGN
14 February 20241 GTQ = 198.8 NGN
15 February 20241 GTQ = 198.9 NGN
16 February 20241 GTQ = 199.1 NGN
17 February 20241 GTQ = 191.1 NGN
18 February 20241 GTQ = 191.1 NGN
19 February 20241 GTQ = 195.9 NGN
20 February 20241 GTQ = 195.9 NGN
21 February 20241 GTQ = 210.9 NGN
22 February 20241 GTQ = 211.0 NGN
23 February 20241 GTQ = 210.4 NGN
24 February 20241 GTQ = 190.5 NGN
25 February 20241 GTQ = 190.5 NGN
26 February 20241 GTQ = 210.7 NGN
27 February 20241 GTQ = 202.4 NGN
28 February 20241 GTQ = 207.2 NGN
29 February 20241 GTQ = 214.4 NGN

14/09/2020: Centenary of the Quetzal

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

20/03/2020: Impact of COVID-19 Pandemic

The outbreak of the COVID-19 pandemic resulted in a significant decline in oil prices, affecting Nigeria's economy and putting pressure on the Naira's exchange rate.

20/06/2016: Adoption of Flexible Exchange Rate Policy

The Central Bank of Nigeria adopted a flexible exchange rate policy, allowing the Naira to float freely against other currencies based on market forces.

30/05/2011: New banknotes

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

29/05/1999: Transition to Democratic Governance

Nigeria transitioned to democratic governance, leading to economic reforms and stability, positively affecting the value and management of the Naira currency.

12/06/1993: Introduction of the Third Nigerian Naira

The third Nigerian Naira (NGN) was introduced after the country's return to civilian rule following years of military regimes.

09/02/1987: Quetzal devaluation

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

31/12/1984: Implementation of the Structural Adjustment Program

The Nigerian government implemented the Structural Adjustment Program, leading to a significant devaluation of the Naira and the adoption of a floating exchange rate.

01/07/1979: Adoption of the Second Nigerian Naira

The second Nigerian Naira (NGN) was introduced following the adoption of a new constitution and the country's transition to civilian rule.

01/07/1973: Introduction of decimal currency

The Nigerian Naira was introduced as the official currency of Nigeria, replacing the pound sterling with a decimal currency system.

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.
GTQ NGN July 2023
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