Historic Guatemalan quetzal South African rand

Guatemalan quetzal south african rand history for February 2024. The highest quote for this month is 2.537 (26/02/2024) and the lowest 2.5226 (26/02/2024). The difference between high and low is 0.57.

GTQ ZAR average rate for February 2024 is 2.47506, the change between 01/02/2024 and 29/02/2024 is -3.49 %.

01 February 20241 GTQ = 2.447 ZAR
02 February 20241 GTQ = 2.433 ZAR
03 February 20241 GTQ = 2.419 ZAR
04 February 20241 GTQ = 2.417 ZAR
05 February 20241 GTQ = 2.453 ZAR
06 February 20241 GTQ = 2.495 ZAR
07 February 20241 GTQ = 2.467 ZAR
08 February 20241 GTQ = 2.478 ZAR
09 February 20241 GTQ = 2.486 ZAR
12 February 20241 GTQ = 2.491 ZAR
13 February 20241 GTQ = 2.481 ZAR
14 February 20241 GTQ = 2.503 ZAR
15 February 20241 GTQ = 2.497 ZAR
16 February 20241 GTQ = 2.486 ZAR
17 February 20241 GTQ = 2.412 ZAR
18 February 20241 GTQ = 2.412 ZAR
19 February 20241 GTQ = 2.469 ZAR
20 February 20241 GTQ = 2.485 ZAR
21 February 20241 GTQ = 2.483 ZAR
22 February 20241 GTQ = 2.482 ZAR
23 February 20241 GTQ = 2.508 ZAR
24 February 20241 GTQ = 2.467 ZAR
25 February 20241 GTQ = 2.471 ZAR
26 February 20241 GTQ = 2.533 ZAR
27 February 20241 GTQ = 2.518 ZAR
28 February 20241 GTQ = 2.503 ZAR
29 February 20241 GTQ = 2.532 ZAR

14/09/2020: Centenary of the Quetzal

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

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

30/05/2011: New banknotes

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

09/02/1987: Quetzal devaluation

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

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.