Historic South African rand Guatemalan quetzal

South African rand guatemalan quetzal history for December 2023. The highest quote for this month is 0.42648 (16/12/2023) and the lowest 0.42736 (16/12/2023). The difference between high and low is -0.21.

ZAR GTQ average rate for December 2023 is 0.41369, the change between 01/12/2023 and 31/12/2023 is -1.98 %.

01 December 20231 ZAR = 0.4057 GTQ
02 December 20231 ZAR = 0.4200 GTQ
03 December 20231 ZAR = 0.4200 GTQ
04 December 20231 ZAR = 0.4118 GTQ
05 December 20231 ZAR = 0.4072 GTQ
06 December 20231 ZAR = 0.4034 GTQ
07 December 20231 ZAR = 0.4034 GTQ
08 December 20231 ZAR = 0.4067 GTQ
10 December 20231 ZAR = 0.4123 GTQ
11 December 20231 ZAR = 0.4049 GTQ
12 December 20231 ZAR = 0.4010 GTQ
13 December 20231 ZAR = 0.4039 GTQ
14 December 20231 ZAR = 0.4097 GTQ
15 December 20231 ZAR = 0.4169 GTQ
16 December 20231 ZAR = 0.4265 GTQ
17 December 20231 ZAR = 0.4265 GTQ
18 December 20231 ZAR = 0.4199 GTQ
19 December 20231 ZAR = 0.4111 GTQ
20 December 20231 ZAR = 0.4164 GTQ
21 December 20231 ZAR = 0.4184 GTQ
22 December 20231 ZAR = 0.4201 GTQ
23 December 20231 ZAR = 0.4240 GTQ
24 December 20231 ZAR = 0.4243 GTQ
25 December 20231 ZAR = 0.4141 GTQ
26 December 20231 ZAR = 0.4146 GTQ
27 December 20231 ZAR = 0.4103 GTQ
28 December 20231 ZAR = 0.4167 GTQ
29 December 20231 ZAR = 0.4137 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.