Historic Mexican peso Guatemalan quetzal

Mexican peso guatemalan quetzal history for October 2023. The highest quote for this month is 0.45073 (01/10/2023) and the lowest 0.45286 (01/10/2023). The difference between high and low is -0.47.

MXN GTQ average rate for October 2023 is 0.42601, the change between 01/10/2023 and 31/10/2023 is +6.14 %.

01 October 20231 MXN = 0.4514 GTQ
02 October 20231 MXN = 0.4420 GTQ
03 October 20231 MXN = 0.4345 GTQ
04 October 20231 MXN = 0.4258 GTQ
05 October 20231 MXN = 0.4256 GTQ
06 October 20231 MXN = 0.4179 GTQ
07 October 20231 MXN = 0.4320 GTQ
09 October 20231 MXN = 0.4181 GTQ
10 October 20231 MXN = 0.4203 GTQ
11 October 20231 MXN = 0.4270 GTQ
12 October 20231 MXN = 0.4292 GTQ
13 October 20231 MXN = 0.4260 GTQ
16 October 20231 MXN = 0.4242 GTQ
17 October 20231 MXN = 0.4276 GTQ
18 October 20231 MXN = 0.4245 GTQ
19 October 20231 MXN = 0.4199 GTQ
20 October 20231 MXN = 0.4180 GTQ
21 October 20231 MXN = 0.4303 GTQ
22 October 20231 MXN = 0.4301 GTQ
23 October 20231 MXN = 0.4196 GTQ
24 October 20231 MXN = 0.4218 GTQ
25 October 20231 MXN = 0.4191 GTQ
26 October 20231 MXN = 0.4175 GTQ
27 October 20231 MXN = 0.4219 GTQ
29 October 20231 MXN = 0.4330 GTQ
30 October 20231 MXN = 0.4216 GTQ
31 October 20231 MXN = 0.4236 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.