Historic Guatemalan quetzal Polish Zloty

14/09/2020: Centenary of the Quetzal

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

03/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused significant fluctuations in the value of the Polish Zloty, influenced by global economic uncertainties and shocks to foreign trade.

17/11/2014: National Bank of Poland Intervention

The National Bank of Poland intervened in the currency market to weaken the Polish Zloty, aiming to stimulate exports and counter deflationary pressures.

30/05/2011: New banknotes

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

01/04/2011: Poland Joins the ERM II

Poland's participation in the European Exchange Rate Mechanism II aimed to facilitate converging towards the Euro and maintaining stability for the Polish Zloty.

27/10/2008: Global Financial Crisis

The global financial crisis had repercussions on the Polish Zloty, with the currency experiencing devaluation and higher volatility due to market uncertainty.

01/05/2004: Poland's EU Accession

Poland's accession to the European Union had a profound impact on the Polish Zloty, as it became subject to EU regulations and influenced by the Eurozone.

04/06/1989: Fall of Communism in Poland

The end of communist rule in Poland led to significant economic and currency reforms, including a stabilization program that strengthened the Polish Zloty.

09/02/1987: Quetzal devaluation

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

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.

01/01/1950: Introduction of the Polish Zloty

The Polish Zloty was introduced as the official currency of Poland, replacing the old Polish currency. It played a crucial role in rebuilding the post-war economy.

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.