Nigerian Naira guatemalan quetzal exchange rate history (NGN GTQ) November 2023

Nigerian Naira guatemalan quetzal history for November 2023. The highest quote for this month is 0.009717 (03/11/2023) and the lowest 0.009734 (03/11/2023). The difference between high and low is -0.17.

NGN GTQ average rate for November 2023 is 0.00944, the change between 01/11/2023 and 30/11/2023 is +1 %.

01 November 2023	1 NGN = 0.0097 GTQ
02 November 2023	1 NGN = 0.0097 GTQ
03 November 2023	1 NGN = 0.0097 GTQ
06 November 2023	1 NGN = 0.0094 GTQ
07 November 2023	1 NGN = 0.0096 GTQ
08 November 2023	1 NGN = 0.0097 GTQ
09 November 2023	1 NGN = 0.0095 GTQ
10 November 2023	1 NGN = 0.0095 GTQ
13 November 2023	1 NGN = 0.0095 GTQ
14 November 2023	1 NGN = 0.0093 GTQ
15 November 2023	1 NGN = 0.0090 GTQ
16 November 2023	1 NGN = 0.0091 GTQ
17 November 2023	1 NGN = 0.0091 GTQ
18 November 2023	1 NGN = 0.0093 GTQ
19 November 2023	1 NGN = 0.0093 GTQ
20 November 2023	1 NGN = 0.0091 GTQ
21 November 2023	1 NGN = 0.0093 GTQ
22 November 2023	1 NGN = 0.0094 GTQ
23 November 2023	1 NGN = 0.0095 GTQ
24 November 2023	1 NGN = 0.0095 GTQ
26 November 2023	1 NGN = 0.0093 GTQ
27 November 2023	1 NGN = 0.0095 GTQ
28 November 2023	1 NGN = 0.0096 GTQ
29 November 2023	1 NGN = 0.0097 GTQ
30 November 2023	1 NGN = 0.0096 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.

Historic Nigerian Naira Guatemalan quetzal