Historic Icelandic Krona Guatemalan quetzal

Icelandic Krona guatemalan quetzal history for August 2023. The highest quote for this month is 0.058635 (30/08/2023) and the lowest 0.058944 (10/08/2023). The difference between high and low is -0.53.

ISK GTQ average rate for August 2023 is 0.05836, the change between 01/08/2023 and 31/08/2023 is -0.6 %.

01 August 20231 ISK = 0.0587 GTQ
02 August 20231 ISK = 0.0587 GTQ
03 August 20231 ISK = 0.0583 GTQ
04 August 20231 ISK = 0.0582 GTQ
07 August 20231 ISK = 0.0580 GTQ
08 August 20231 ISK = 0.0583 GTQ
09 August 20231 ISK = 0.0584 GTQ
10 August 20231 ISK = 0.0586 GTQ
11 August 20231 ISK = 0.0585 GTQ
14 August 20231 ISK = 0.0585 GTQ
15 August 20231 ISK = 0.0583 GTQ
16 August 20231 ISK = 0.0582 GTQ
17 August 20231 ISK = 0.0580 GTQ
18 August 20231 ISK = 0.0582 GTQ
21 August 20231 ISK = 0.0580 GTQ
22 August 20231 ISK = 0.0582 GTQ
23 August 20231 ISK = 0.0581 GTQ
24 August 20231 ISK = 0.0583 GTQ
25 August 20231 ISK = 0.0580 GTQ
28 August 20231 ISK = 0.0584 GTQ
29 August 20231 ISK = 0.0585 GTQ
30 August 20231 ISK = 0.0588 GTQ
31 August 20231 ISK = 0.0590 GTQ

14/09/2020: Centenary of the Quetzal

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

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

30/05/2011: New banknotes

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

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

09/02/1987: Quetzal devaluation

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

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

25/06/1946: The Quetzalé bill

The Quetzalé bill, equivalent to 1,000 Quetzales, was introduced to combat hyperinflation.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

22/06/1925: Introduction of the Quetzal

The Guatemalan Quetzal was introduced as the official currency, replacing the Guatemalan peso.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.