Historic Jamaican Dollar Guatemalan quetzal

Jamaican Dollar guatemalan quetzal history for August 2023. The highest quote for this month is 0.051176 (12/08/2023) and the lowest 0.05123 (19/08/2023). The difference between high and low is -0.11.

JMD GTQ average rate for August 2023 is 0.05028, the change between 01/08/2023 and 31/08/2023 is +0.03 %.

01 August 20231 JMD = 0.0502 GTQ
02 August 20231 JMD = 0.0502 GTQ
03 August 20231 JMD = 0.0499 GTQ
04 August 20231 JMD = 0.0501 GTQ
07 August 20231 JMD = 0.0502 GTQ
08 August 20231 JMD = 0.0502 GTQ
09 August 20231 JMD = 0.0503 GTQ
10 August 20231 JMD = 0.0503 GTQ
11 August 20231 JMD = 0.0503 GTQ
12 August 20231 JMD = 0.0512 GTQ
14 August 20231 JMD = 0.0502 GTQ
15 August 20231 JMD = 0.0502 GTQ
16 August 20231 JMD = 0.0502 GTQ
17 August 20231 JMD = 0.0500 GTQ
18 August 20231 JMD = 0.0500 GTQ
19 August 20231 JMD = 0.0512 GTQ
20 August 20231 JMD = 0.0512 GTQ
21 August 20231 JMD = 0.0502 GTQ
22 August 20231 JMD = 0.0501 GTQ
23 August 20231 JMD = 0.0501 GTQ
24 August 20231 JMD = 0.0501 GTQ
25 August 20231 JMD = 0.0503 GTQ
28 August 20231 JMD = 0.0500 GTQ
29 August 20231 JMD = 0.0501 GTQ
30 August 20231 JMD = 0.0502 GTQ
31 August 20231 JMD = 0.0501 GTQ

14/09/2020: Centenary of the Quetzal

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

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

30/05/2011: New banknotes

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

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

09/02/1987: Quetzal devaluation

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

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

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.

22/06/1925: Introduction of the Quetzal

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