Historic Albanian lek Romanian leu

Albanian lek romanian leu history for February 2024. The highest quote for this month is 0.049431 (13/02/2024) and the lowest 0.049059 (19/02/2024). The difference between high and low is 0.75.

ALL RON average rate for February 2024 is 0.04836, the change between 01/02/2024 and 29/02/2024 is -1.69 %.

01 February 20241 ALL = 0.0482 RON
02 February 20241 ALL = 0.0479 RON
05 February 20241 ALL = 0.0488 RON
06 February 20241 ALL = 0.0489 RON
07 February 20241 ALL = 0.0478 RON
08 February 20241 ALL = 0.0478 RON
09 February 20241 ALL = 0.0479 RON
12 February 20241 ALL = 0.0490 RON
13 February 20241 ALL = 0.0482 RON
14 February 20241 ALL = 0.0481 RON
15 February 20241 ALL = 0.0480 RON
16 February 20241 ALL = 0.0481 RON
19 February 20241 ALL = 0.0491 RON
20 February 20241 ALL = 0.0491 RON
21 February 20241 ALL = 0.0481 RON
22 February 20241 ALL = 0.0482 RON
23 February 20241 ALL = 0.0481 RON
26 February 20241 ALL = 0.0492 RON
27 February 20241 ALL = 0.0480 RON
28 February 20241 ALL = 0.0480 RON
29 February 20241 ALL = 0.0490 RON

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

31/12/2011: Replacement of 1 Lek coin

The 1 lek coin was demonetized and replaced by a banknote. The decision was made due to the high cost of producing the coin.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

08/02/2000: Introduction of new banknotes and coins

A new series of banknotes and coins were introduced, featuring enhanced security features and updated designs.

02/03/1997: Collapse of pyramid schemes

The collapse of pyramid schemes in Albania caused a severe economic crisis, resulting in hyperinflation and a significant devaluation of the lek.

26/06/1992: Transition to a market economy

Albania transitioned to a market economy, leading to a significant depreciation of the lek. The exchange rate changed to 1 lek = 9.3 old lek.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

01/10/1965: Introduction of the new lek

A new series of banknotes and coins were introduced, marking the transition to the new lek. The exchange rate was set at 1 new lek = 10 old lek.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

22/12/1947: Albania becomes a communist state

Following the establishment of a communist regime in Albania, the currency underwent a major devaluation, with the exchange rate changing to 1 lek = 12.5 old lek.

01/09/1926: Introduction of the Albanian lek

The lek was introduced as the official currency of Albania, replacing the previous currency, the Turkish lira. The exchange rate was set at 1 lek = 35 Turkish lira.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.