Historic Mexican peso Guatemalan quetzal

Mexican peso guatemalan quetzal history for June 2023. The highest quote for this month is 0.44886 (30/06/2023) and the lowest 0.45021 (28/06/2023). The difference between high and low is -0.3.

MXN GTQ average rate for June 2023 is 0.44356, the change between 01/06/2023 and 30/06/2023 is -3.79 %.

01 June 20231 MXN = 0.4316 GTQ
02 June 20231 MXN = 0.4356 GTQ
03 June 20231 MXN = 0.4469 GTQ
05 June 20231 MXN = 0.4372 GTQ
06 June 20231 MXN = 0.4373 GTQ
07 June 20231 MXN = 0.4404 GTQ
08 June 20231 MXN = 0.4402 GTQ
09 June 20231 MXN = 0.4400 GTQ
12 June 20231 MXN = 0.4424 GTQ
13 June 20231 MXN = 0.4426 GTQ
14 June 20231 MXN = 0.4441 GTQ
15 June 20231 MXN = 0.4467 GTQ
16 June 20231 MXN = 0.4470 GTQ
19 June 20231 MXN = 0.4475 GTQ
20 June 20231 MXN = 0.4482 GTQ
21 June 20231 MXN = 0.4444 GTQ
22 June 20231 MXN = 0.4473 GTQ
23 June 20231 MXN = 0.4461 GTQ
26 June 20231 MXN = 0.4438 GTQ
27 June 20231 MXN = 0.4472 GTQ
28 June 20231 MXN = 0.4486 GTQ
29 June 20231 MXN = 0.4489 GTQ
30 June 20231 MXN = 0.4479 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.