Guatemalan quetzal south african rand exchange rate history (GTQ ZAR) November 2023

Guatemalan quetzal south african rand history for November 2023. The highest quote for this month is 2.4776 (30/11/2023) and the lowest 2.4526 (24/11/2023). The difference between high and low is 1.01.

GTQ ZAR average rate for November 2023 is 2.41609, the change between 01/11/2023 and 30/11/2023 is -0.72 %.

01 November 2023	1 GTQ = 2.434 ZAR
02 November 2023	1 GTQ = 2.413 ZAR
03 November 2023	1 GTQ = 2.410 ZAR
06 November 2023	1 GTQ = 2.406 ZAR
07 November 2023	1 GTQ = 2.389 ZAR
08 November 2023	1 GTQ = 2.401 ZAR
09 November 2023	1 GTQ = 2.417 ZAR
10 November 2023	1 GTQ = 2.442 ZAR
12 November 2023	1 GTQ = 2.393 ZAR
13 November 2023	1 GTQ = 2.461 ZAR
14 November 2023	1 GTQ = 2.441 ZAR
15 November 2023	1 GTQ = 2.387 ZAR
16 November 2023	1 GTQ = 2.378 ZAR
17 November 2023	1 GTQ = 2.401 ZAR
18 November 2023	1 GTQ = 2.346 ZAR
19 November 2023	1 GTQ = 2.346 ZAR
20 November 2023	1 GTQ = 2.410 ZAR
21 November 2023	1 GTQ = 2.396 ZAR
22 November 2023	1 GTQ = 2.435 ZAR
23 November 2023	1 GTQ = 2.470 ZAR
24 November 2023	1 GTQ = 2.458 ZAR
26 November 2023	1 GTQ = 2.405 ZAR
27 November 2023	1 GTQ = 2.463 ZAR
28 November 2023	1 GTQ = 2.436 ZAR
29 November 2023	1 GTQ = 2.430 ZAR
30 November 2023	1 GTQ = 2.451 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.

Historic Guatemalan quetzal South African rand