Historic Indian Rupee Romanian leu

Indian Rupee romanian leu history for February 2024. The highest quote for this month is 0.055973 (14/02/2024) and the lowest 0.055784 (14/02/2024). The difference between high and low is 0.34.

INR RON average rate for February 2024 is 0.05551, the change between 01/02/2024 and 29/02/2024 is +0.3 %.

01 February 20241 INR = 0.0554 RON
02 February 20241 INR = 0.0551 RON
03 February 20241 INR = 0.0556 RON
04 February 20241 INR = 0.0555 RON
05 February 20241 INR = 0.0555 RON
06 February 20241 INR = 0.0557 RON
07 February 20241 INR = 0.0556 RON
08 February 20241 INR = 0.0556 RON
09 February 20241 INR = 0.0556 RON
10 February 20241 INR = 0.0556 RON
12 February 20241 INR = 0.0556 RON
13 February 20241 INR = 0.0556 RON
14 February 20241 INR = 0.0559 RON
15 February 20241 INR = 0.0558 RON
16 February 20241 INR = 0.0556 RON
17 February 20241 INR = 0.0556 RON
18 February 20241 INR = 0.0556 RON
19 February 20241 INR = 0.0557 RON
20 February 20241 INR = 0.0556 RON
21 February 20241 INR = 0.0555 RON
22 February 20241 INR = 0.0554 RON
23 February 20241 INR = 0.0554 RON
24 February 20241 INR = 0.0555 RON
25 February 20241 INR = 0.0555 RON
26 February 20241 INR = 0.0555 RON
27 February 20241 INR = 0.0552 RON
28 February 20241 INR = 0.0552 RON
29 February 20241 INR = 0.0552 RON

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

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.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

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.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
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