Moroccan dirham romanian leu exchange rate history (MAD RON) August 2023

Moroccan dirham romanian leu history for August 2023. The highest quote for this month is 0.47934 (09/08/2023) and the lowest 0.47887 (07/08/2023). The difference between high and low is 0.1.

MAD RON average rate for August 2023 is 0.46368, the change between 01/08/2023 and 31/08/2023 is -1.32 %.

01 August 2023	1 MAD = 0.4549 RON
02 August 2023	1 MAD = 0.4539 RON
03 August 2023	1 MAD = 0.4688 RON
04 August 2023	1 MAD = 0.4597 RON
07 August 2023	1 MAD = 0.4798 RON
08 August 2023	1 MAD = 0.4719 RON
09 August 2023	1 MAD = 0.4807 RON
10 August 2023	1 MAD = 0.4781 RON
11 August 2023	1 MAD = 0.4745 RON
12 August 2023	1 MAD = 0.4556 RON
14 August 2023	1 MAD = 0.4746 RON
15 August 2023	1 MAD = 0.4589 RON
16 August 2023	1 MAD = 0.4584 RON
17 August 2023	1 MAD = 0.4581 RON
18 August 2023	1 MAD = 0.4578 RON
20 August 2023	1 MAD = 0.4555 RON
21 August 2023	1 MAD = 0.4772 RON
22 August 2023	1 MAD = 0.4541 RON
23 August 2023	1 MAD = 0.4550 RON
24 August 2023	1 MAD = 0.4544 RON
25 August 2023	1 MAD = 0.4549 RON
28 August 2023	1 MAD = 0.4700 RON
29 August 2023	1 MAD = 0.4623 RON
30 August 2023	1 MAD = 0.4621 RON
31 August 2023	1 MAD = 0.4609 RON

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.

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.

Historic Moroccan dirham Romanian leu