Historic South Korean Won Guatemalan quetzal

South Korean Won guatemalan quetzal history for August 2023. The highest quote for this month is 0.005973 (01/08/2023) and the lowest 0.006029 (01/08/2023). The difference between high and low is -0.94.

KRW GTQ average rate for August 2023 is 0.00582, the change between 01/08/2023 and 31/08/2023 is +3.43 %.

01 August 20231 KRW = 0.0060 GTQ
02 August 20231 KRW = 0.0060 GTQ
03 August 20231 KRW = 0.0059 GTQ
04 August 20231 KRW = 0.0059 GTQ
07 August 20231 KRW = 0.0059 GTQ
08 August 20231 KRW = 0.0059 GTQ
09 August 20231 KRW = 0.0058 GTQ
10 August 20231 KRW = 0.0058 GTQ
11 August 20231 KRW = 0.0058 GTQ
12 August 20231 KRW = 0.0059 GTQ
14 August 20231 KRW = 0.0058 GTQ
15 August 20231 KRW = 0.0058 GTQ
16 August 20231 KRW = 0.0057 GTQ
17 August 20231 KRW = 0.0057 GTQ
18 August 20231 KRW = 0.0057 GTQ
19 August 20231 KRW = 0.0059 GTQ
20 August 20231 KRW = 0.0059 GTQ
21 August 20231 KRW = 0.0057 GTQ
22 August 20231 KRW = 0.0057 GTQ
23 August 20231 KRW = 0.0057 GTQ
24 August 20231 KRW = 0.0058 GTQ
25 August 20231 KRW = 0.0058 GTQ
28 August 20231 KRW = 0.0058 GTQ
29 August 20231 KRW = 0.0058 GTQ
30 August 20231 KRW = 0.0058 GTQ
31 August 20231 KRW = 0.0058 GTQ

14/09/2020: Centenary of the Quetzal

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

30/05/2011: New banknotes

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

09/02/1987: Quetzal devaluation

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

22/06/1925: Introduction of the Quetzal

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