Historic South African rand Guatemalan quetzal

South African rand guatemalan quetzal history for January 2024. The highest quote for this month is 0.42016 (14/01/2024) and the lowest 0.42033 (14/01/2024). The difference between high and low is -0.04.

ZAR GTQ average rate for January 2024 is 0.40915, the change between 01/01/2024 and 31/01/2024 is +3.13 %.

01 January 20241 ZAR = 0.4191 GTQ
02 January 20241 ZAR = 0.4188 GTQ
03 January 20241 ZAR = 0.4119 GTQ
04 January 20241 ZAR = 0.4087 GTQ
05 January 20241 ZAR = 0.4088 GTQ
06 January 20241 ZAR = 0.4189 GTQ
07 January 20241 ZAR = 0.4189 GTQ
08 January 20241 ZAR = 0.4080 GTQ
09 January 20241 ZAR = 0.4113 GTQ
10 January 20241 ZAR = 0.4097 GTQ
11 January 20241 ZAR = 0.4096 GTQ
12 January 20241 ZAR = 0.4097 GTQ
14 January 20241 ZAR = 0.4203 GTQ
15 January 20241 ZAR = 0.4096 GTQ
16 January 20241 ZAR = 0.4091 GTQ
17 January 20241 ZAR = 0.4034 GTQ
18 January 20241 ZAR = 0.4000 GTQ
19 January 20241 ZAR = 0.4033 GTQ
22 January 20241 ZAR = 0.4014 GTQ
23 January 20241 ZAR = 0.3979 GTQ
24 January 20241 ZAR = 0.4035 GTQ
25 January 20241 ZAR = 0.4044 GTQ
26 January 20241 ZAR = 0.4047 GTQ
28 January 20241 ZAR = 0.4161 GTQ
29 January 20241 ZAR = 0.4075 GTQ
30 January 20241 ZAR = 0.4064 GTQ
31 January 20241 ZAR = 0.4060 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.