Historic South African rand Guatemalan quetzal

South African rand guatemalan quetzal history for August 2023. The highest quote for this month is 0.42177 (01/08/2023) and the lowest 0.43055 (01/08/2023). The difference between high and low is -2.08.

ZAR GTQ average rate for August 2023 is 0.41033, the change between 01/08/2023 and 31/08/2023 is +4.51 %.

01 August 20231 ZAR = 0.4300 GTQ
02 August 20231 ZAR = 0.4212 GTQ
03 August 20231 ZAR = 0.4170 GTQ
04 August 20231 ZAR = 0.4117 GTQ
07 August 20231 ZAR = 0.4138 GTQ
08 August 20231 ZAR = 0.4106 GTQ
09 August 20231 ZAR = 0.4062 GTQ
10 August 20231 ZAR = 0.4055 GTQ
11 August 20231 ZAR = 0.4083 GTQ
12 August 20231 ZAR = 0.4150 GTQ
14 August 20231 ZAR = 0.4076 GTQ
15 August 20231 ZAR = 0.4028 GTQ
16 August 20231 ZAR = 0.4009 GTQ
17 August 20231 ZAR = 0.4002 GTQ
18 August 20231 ZAR = 0.4028 GTQ
20 August 20231 ZAR = 0.4134 GTQ
21 August 20231 ZAR = 0.4031 GTQ
22 August 20231 ZAR = 0.4045 GTQ
23 August 20231 ZAR = 0.4083 GTQ
24 August 20231 ZAR = 0.4155 GTQ
25 August 20231 ZAR = 0.4081 GTQ
28 August 20231 ZAR = 0.4122 GTQ
29 August 20231 ZAR = 0.4135 GTQ
30 August 20231 ZAR = 0.4157 GTQ
31 August 20231 ZAR = 0.4106 GTQ

14/09/2020: Centenary of the Quetzal

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

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

30/05/2011: New banknotes

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

09/02/1987: Quetzal devaluation

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

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.