Historic Guatemalan quetzal Panamanian Balboa

Guatemalan quetzal panamanian balboa history for August 2023. The highest quote for this month is 0.1275 (23/08/2023) and the lowest 0.12748 (22/08/2023). The difference between high and low is 0.02.

GTQ PAB average rate for August 2023 is 0.12732, the change between 01/08/2023 and 31/08/2023 is -0.01 %.

01 August 20231 GTQ = 0.1274 PAB
02 August 20231 GTQ = 0.1272 PAB
03 August 20231 GTQ = 0.1272 PAB
04 August 20231 GTQ = 0.1273 PAB
07 August 20231 GTQ = 0.1273 PAB
08 August 20231 GTQ = 0.1272 PAB
09 August 20231 GTQ = 0.1272 PAB
10 August 20231 GTQ = 0.1272 PAB
11 August 20231 GTQ = 0.1272 PAB
12 August 20231 GTQ = 0.1273 PAB
14 August 20231 GTQ = 0.1272 PAB
15 August 20231 GTQ = 0.1273 PAB
16 August 20231 GTQ = 0.1274 PAB
17 August 20231 GTQ = 0.1274 PAB
18 August 20231 GTQ = 0.1274 PAB
20 August 20231 GTQ = 0.1274 PAB
21 August 20231 GTQ = 0.1275 PAB
22 August 20231 GTQ = 0.1274 PAB
23 August 20231 GTQ = 0.1275 PAB
24 August 20231 GTQ = 0.1274 PAB
25 August 20231 GTQ = 0.1274 PAB
28 August 20231 GTQ = 0.1274 PAB
29 August 20231 GTQ = 0.1274 PAB
30 August 20231 GTQ = 0.1274 PAB
31 August 20231 GTQ = 0.1274 PAB

14/09/2020: Centenary of the Quetzal

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

30/05/2011: New banknotes

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

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

09/02/1987: Quetzal devaluation

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

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

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.

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

22/06/1925: Introduction of the Quetzal

The Guatemalan Quetzal was introduced as the official currency, replacing the Guatemalan peso.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.
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