Historic South African rand Guatemalan quetzal

South African rand guatemalan quetzal history for September 2023. The highest quote for this month is 0.41549 (30/09/2023) and the lowest 0.42087 (23/09/2023). The difference between high and low is -1.29.

ZAR GTQ average rate for September 2023 is 0.40613, the change between 01/09/2023 and 30/09/2023 is -1.97 %.

01 September 20231 ZAR = 0.4074 GTQ
04 September 20231 ZAR = 0.4107 GTQ
05 September 20231 ZAR = 0.4029 GTQ
06 September 20231 ZAR = 0.4028 GTQ
07 September 20231 ZAR = 0.3998 GTQ
08 September 20231 ZAR = 0.4015 GTQ
11 September 20231 ZAR = 0.4025 GTQ
12 September 20231 ZAR = 0.4075 GTQ
13 September 20231 ZAR = 0.4064 GTQ
14 September 20231 ZAR = 0.4087 GTQ
15 September 20231 ZAR = 0.4038 GTQ
18 September 20231 ZAR = 0.4043 GTQ
19 September 20231 ZAR = 0.4044 GTQ
20 September 20231 ZAR = 0.4064 GTQ
21 September 20231 ZAR = 0.4075 GTQ
22 September 20231 ZAR = 0.4054 GTQ
23 September 20231 ZAR = 0.4194 GTQ
25 September 20231 ZAR = 0.4084 GTQ
26 September 20231 ZAR = 0.4089 GTQ
27 September 20231 ZAR = 0.4024 GTQ
28 September 20231 ZAR = 0.4000 GTQ
29 September 20231 ZAR = 0.4043 GTQ
30 September 20231 ZAR = 0.4154 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.