14/09/2020: Centenary of the Quetzal
The Guatemalan Quetzal celebrated its centenary, marking 100 years as the national currency of Guatemala.
29/06/2020: Introduction of New Banknotes
Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.
30/05/2011: New banknotes
New banknotes were introduced to incorporate modern security features and commemorate the 20th anniversary of Quetzal's reintroduction.
14/10/2000: ECOWAS Intervention
ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.
19/07/1997: Liberian Dollar Depreciation
The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.
09/02/1987: Quetzal devaluation
The Quetzal was devalued by 66% as part of an economic stabilization plan.
26/01/1982: Liberian Civil War Begins
The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.
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.
23/03/1907: Liberian Dollar Pegged to US Dollar
The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.
10/07/1849: Introduction of Liberian Dollar
The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.
26/07/1847: Liberian Independence
Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.