Historic Guatemalan quetzal Panamanian Balboa

Guatemalan quetzal panamanian balboa history for December 2023. The highest quote for this month is 0.12838 (29/12/2023) and the lowest 0.12803 (22/12/2023). The difference between high and low is 0.27.

GTQ PAB average rate for December 2023 is 0.12786, the change between 01/12/2023 and 31/12/2023 is -0.03 %.

01 December 20231 GTQ = 0.1279 PAB
02 December 20231 GTQ = 0.1278 PAB
03 December 20231 GTQ = 0.1278 PAB
04 December 20231 GTQ = 0.1277 PAB
05 December 20231 GTQ = 0.1277 PAB
06 December 20231 GTQ = 0.1278 PAB
07 December 20231 GTQ = 0.1278 PAB
08 December 20231 GTQ = 0.1278 PAB
10 December 20231 GTQ = 0.1278 PAB
11 December 20231 GTQ = 0.1278 PAB
12 December 20231 GTQ = 0.1278 PAB
13 December 20231 GTQ = 0.1278 PAB
14 December 20231 GTQ = 0.1278 PAB
15 December 20231 GTQ = 0.1279 PAB
16 December 20231 GTQ = 0.1278 PAB
17 December 20231 GTQ = 0.1278 PAB
18 December 20231 GTQ = 0.1280 PAB
19 December 20231 GTQ = 0.1280 PAB
20 December 20231 GTQ = 0.1280 PAB
21 December 20231 GTQ = 0.1280 PAB
22 December 20231 GTQ = 0.1281 PAB
23 December 20231 GTQ = 0.1279 PAB
24 December 20231 GTQ = 0.1278 PAB
25 December 20231 GTQ = 0.1280 PAB
26 December 20231 GTQ = 0.1280 PAB
27 December 20231 GTQ = 0.1280 PAB
28 December 20231 GTQ = 0.1278 PAB
29 December 20231 GTQ = 0.1279 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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