Historic Nigerian Naira Guatemalan quetzal

Nigerian Naira guatemalan quetzal history for January 2024. The highest quote for this month is 0.008701 (28/01/2024) and the lowest 0.00888 (18/01/2024). The difference between high and low is -2.06.

NGN GTQ average rate for January 2024 is 0.00845, the change between 01/01/2024 and 31/01/2024 is +0.41 %.

01 January 20241 NGN = 0.0085 GTQ
02 January 20241 NGN = 0.0085 GTQ
03 January 20241 NGN = 0.0086 GTQ
04 January 20241 NGN = 0.0086 GTQ
05 January 20241 NGN = 0.0084 GTQ
06 January 20241 NGN = 0.0086 GTQ
07 January 20241 NGN = 0.0086 GTQ
08 January 20241 NGN = 0.0083 GTQ
09 January 20241 NGN = 0.0086 GTQ
10 January 20241 NGN = 0.0084 GTQ
11 January 20241 NGN = 0.0080 GTQ
12 January 20241 NGN = 0.0080 GTQ
15 January 20241 NGN = 0.0080 GTQ
16 January 20241 NGN = 0.0080 GTQ
17 January 20241 NGN = 0.0085 GTQ
18 January 20241 NGN = 0.0087 GTQ
19 January 20241 NGN = 0.0085 GTQ
22 January 20241 NGN = 0.0086 GTQ
23 January 20241 NGN = 0.0086 GTQ
24 January 20241 NGN = 0.0083 GTQ
25 January 20241 NGN = 0.0085 GTQ
26 January 20241 NGN = 0.0086 GTQ
28 January 20241 NGN = 0.0087 GTQ
29 January 20241 NGN = 0.0085 GTQ
30 January 20241 NGN = 0.0085 GTQ
31 January 20241 NGN = 0.0085 GTQ

14/09/2020: Centenary of the Quetzal

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

20/03/2020: Impact of COVID-19 Pandemic

The outbreak of the COVID-19 pandemic resulted in a significant decline in oil prices, affecting Nigeria's economy and putting pressure on the Naira's exchange rate.

20/06/2016: Adoption of Flexible Exchange Rate Policy

The Central Bank of Nigeria adopted a flexible exchange rate policy, allowing the Naira to float freely against other currencies based on market forces.

30/05/2011: New banknotes

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

29/05/1999: Transition to Democratic Governance

Nigeria transitioned to democratic governance, leading to economic reforms and stability, positively affecting the value and management of the Naira currency.

12/06/1993: Introduction of the Third Nigerian Naira

The third Nigerian Naira (NGN) was introduced after the country's return to civilian rule following years of military regimes.

09/02/1987: Quetzal devaluation

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

31/12/1984: Implementation of the Structural Adjustment Program

The Nigerian government implemented the Structural Adjustment Program, leading to a significant devaluation of the Naira and the adoption of a floating exchange rate.

01/07/1979: Adoption of the Second Nigerian Naira

The second Nigerian Naira (NGN) was introduced following the adoption of a new constitution and the country's transition to civilian rule.

01/07/1973: Introduction of decimal currency

The Nigerian Naira was introduced as the official currency of Nigeria, replacing the pound sterling with a decimal currency system.

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.
NGN GTQ July 2023
NGN GTQ August 2023
NGN GTQ September 2023
NGN GTQ October 2023
NGN GTQ November 2023
NGN GTQ December 2023
NGN GTQ January 2024
NGN GTQ February 2024
NGN GTQ March 2024
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NGN GTQ June 2024
NGN GTQ July 2024