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

Guatemalan quetzal south african rand history for October 2023. The highest quote for this month is 2.5645 (06/10/2023) and the lowest 2.5232 (09/10/2023). The difference between high and low is 1.61.

GTQ ZAR average rate for October 2023 is 2.47423, the change between 01/10/2023 and 31/10/2023 is -2.59 %.

01 October 2023	1 GTQ = 2.401 ZAR
02 October 2023	1 GTQ = 2.456 ZAR
03 October 2023	1 GTQ = 2.503 ZAR
04 October 2023	1 GTQ = 2.516 ZAR
05 October 2023	1 GTQ = 2.525 ZAR
06 October 2023	1 GTQ = 2.554 ZAR
07 October 2023	1 GTQ = 2.460 ZAR
09 October 2023	1 GTQ = 2.540 ZAR
10 October 2023	1 GTQ = 2.501 ZAR
11 October 2023	1 GTQ = 2.481 ZAR
12 October 2023	1 GTQ = 2.457 ZAR
13 October 2023	1 GTQ = 2.484 ZAR
16 October 2023	1 GTQ = 2.478 ZAR
17 October 2023	1 GTQ = 2.452 ZAR
18 October 2023	1 GTQ = 2.460 ZAR
19 October 2023	1 GTQ = 2.478 ZAR
20 October 2023	1 GTQ = 2.483 ZAR
21 October 2023	1 GTQ = 2.409 ZAR
22 October 2023	1 GTQ = 2.422 ZAR
23 October 2023	1 GTQ = 2.484 ZAR
24 October 2023	1 GTQ = 2.478 ZAR
25 October 2023	1 GTQ = 2.484 ZAR
26 October 2023	1 GTQ = 2.500 ZAR
27 October 2023	1 GTQ = 2.475 ZAR
29 October 2023	1 GTQ = 2.405 ZAR
30 October 2023	1 GTQ = 2.458 ZAR
31 October 2023	1 GTQ = 2.464 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