Historic South African rand Guatemalan quetzal

South African rand guatemalan quetzal history for June 2023. The highest quote for this month is 0.41915 (19/06/2023) and the lowest 0.42217 (19/06/2023). The difference between high and low is -0.72.

ZAR GTQ average rate for June 2023 is 0.40815, the change between 01/06/2023 and 30/06/2023 is -5.5 %.

01 June 20231 ZAR = 0.3873 GTQ
02 June 20231 ZAR = 0.3896 GTQ
03 June 20231 ZAR = 0.4020 GTQ
05 June 20231 ZAR = 0.3932 GTQ
06 June 20231 ZAR = 0.3965 GTQ
07 June 20231 ZAR = 0.3990 GTQ
08 June 20231 ZAR = 0.4007 GTQ
09 June 20231 ZAR = 0.4061 GTQ
12 June 20231 ZAR = 0.4090 GTQ
13 June 20231 ZAR = 0.4125 GTQ
14 June 20231 ZAR = 0.4115 GTQ
15 June 20231 ZAR = 0.4181 GTQ
16 June 20231 ZAR = 0.4208 GTQ
19 June 20231 ZAR = 0.4197 GTQ
20 June 20231 ZAR = 0.4216 GTQ
21 June 20231 ZAR = 0.4162 GTQ
22 June 20231 ZAR = 0.4186 GTQ
23 June 20231 ZAR = 0.4141 GTQ
26 June 20231 ZAR = 0.4062 GTQ
27 June 20231 ZAR = 0.4105 GTQ
28 June 20231 ZAR = 0.4139 GTQ
29 June 20231 ZAR = 0.4117 GTQ
30 June 20231 ZAR = 0.4086 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.