Historic Guatemalan quetzal South African rand

Guatemalan quetzal south african rand history for January 2024. The highest quote for this month is 2.5143 (22/01/2024) and the lowest 2.4904 (22/01/2024). The difference between high and low is 0.95.

GTQ ZAR average rate for January 2024 is 2.44464, the change between 01/01/2024 and 31/01/2024 is -3.22 %.

01 January 20241 GTQ = 2.386 ZAR
02 January 20241 GTQ = 2.388 ZAR
03 January 20241 GTQ = 2.428 ZAR
04 January 20241 GTQ = 2.447 ZAR
05 January 20241 GTQ = 2.446 ZAR
06 January 20241 GTQ = 2.387 ZAR
07 January 20241 GTQ = 2.387 ZAR
08 January 20241 GTQ = 2.451 ZAR
09 January 20241 GTQ = 2.431 ZAR
10 January 20241 GTQ = 2.441 ZAR
11 January 20241 GTQ = 2.441 ZAR
12 January 20241 GTQ = 2.441 ZAR
14 January 20241 GTQ = 2.379 ZAR
15 January 20241 GTQ = 2.441 ZAR
16 January 20241 GTQ = 2.444 ZAR
17 January 20241 GTQ = 2.479 ZAR
18 January 20241 GTQ = 2.500 ZAR
19 January 20241 GTQ = 2.479 ZAR
22 January 20241 GTQ = 2.491 ZAR
23 January 20241 GTQ = 2.513 ZAR
24 January 20241 GTQ = 2.478 ZAR
25 January 20241 GTQ = 2.473 ZAR
26 January 20241 GTQ = 2.471 ZAR
28 January 20241 GTQ = 2.403 ZAR
29 January 20241 GTQ = 2.454 ZAR
30 January 20241 GTQ = 2.461 ZAR
31 January 20241 GTQ = 2.463 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.