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

Nigerian Naira guatemalan quetzal history for October 2023. The highest quote for this month is 0.010218 (01/10/2023) and the lowest 0.0103 (07/10/2023). The difference between high and low is -0.8.

NGN GTQ average rate for October 2023 is 0.00987, the change between 01/10/2023 and 31/10/2023 is +4.81 %.

01 October 2023	1 NGN = 0.0102 GTQ
02 October 2023	1 NGN = 0.0100 GTQ
03 October 2023	1 NGN = 0.0100 GTQ
04 October 2023	1 NGN = 0.0100 GTQ
05 October 2023	1 NGN = 0.0102 GTQ
06 October 2023	1 NGN = 0.0100 GTQ
07 October 2023	1 NGN = 0.0102 GTQ
09 October 2023	1 NGN = 0.0099 GTQ
10 October 2023	1 NGN = 0.0101 GTQ
11 October 2023	1 NGN = 0.0100 GTQ
12 October 2023	1 NGN = 0.0100 GTQ
13 October 2023	1 NGN = 0.0100 GTQ
16 October 2023	1 NGN = 0.0099 GTQ
17 October 2023	1 NGN = 0.0100 GTQ
18 October 2023	1 NGN = 0.0100 GTQ
19 October 2023	1 NGN = 0.0100 GTQ
20 October 2023	1 NGN = 0.0102 GTQ
23 October 2023	1 NGN = 0.0089 GTQ
24 October 2023	1 NGN = 0.0100 GTQ
25 October 2023	1 NGN = 0.0089 GTQ
26 October 2023	1 NGN = 0.0094 GTQ
27 October 2023	1 NGN = 0.0095 GTQ
29 October 2023	1 NGN = 0.0099 GTQ
30 October 2023	1 NGN = 0.0096 GTQ
31 October 2023	1 NGN = 0.0097 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