Historic Mexican peso Guatemalan quetzal

Mexican peso guatemalan quetzal history for January 2024. The highest quote for this month is 0.46342 (14/01/2024) and the lowest 0.46435 (07/01/2024). The difference between high and low is -0.2.

MXN GTQ average rate for January 2024 is 0.44974, the change between 01/01/2024 and 31/01/2024 is +1.52 %.

01 January 20241 MXN = 0.4514 GTQ
02 January 20241 MXN = 0.4518 GTQ
03 January 20241 MXN = 0.4491 GTQ
04 January 20241 MXN = 0.4487 GTQ
05 January 20241 MXN = 0.4491 GTQ
06 January 20241 MXN = 0.4641 GTQ
07 January 20241 MXN = 0.4643 GTQ
08 January 20241 MXN = 0.4513 GTQ
09 January 20241 MXN = 0.4536 GTQ
10 January 20241 MXN = 0.4501 GTQ
11 January 20241 MXN = 0.4494 GTQ
12 January 20241 MXN = 0.4520 GTQ
14 January 20241 MXN = 0.4635 GTQ
15 January 20241 MXN = 0.4518 GTQ
16 January 20241 MXN = 0.4518 GTQ
17 January 20241 MXN = 0.4447 GTQ
18 January 20241 MXN = 0.4439 GTQ
19 January 20241 MXN = 0.4445 GTQ
22 January 20241 MXN = 0.4464 GTQ
23 January 20241 MXN = 0.4447 GTQ
24 January 20241 MXN = 0.4410 GTQ
25 January 20241 MXN = 0.4430 GTQ
26 January 20241 MXN = 0.4445 GTQ
28 January 20241 MXN = 0.4557 GTQ
29 January 20241 MXN = 0.4452 GTQ
30 January 20241 MXN = 0.4432 GTQ
31 January 20241 MXN = 0.4445 GTQ

14/09/2020: Centenary of the Quetzal

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

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

30/05/2011: New banknotes

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

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

09/02/1987: Quetzal devaluation

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

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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.