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

Moroccan dirham romanian leu history for November 2023. The highest quote for this month is 0.47301 (01/11/2023) and the lowest 0.47037 (01/11/2023). The difference between high and low is 0.56.

MAD RON average rate for November 2023 is 0.45619, the change between 01/11/2023 and 30/11/2023 is +1.19 %.

01 November 2023	1 MAD = 0.4562 RON
02 November 2023	1 MAD = 0.4550 RON
03 November 2023	1 MAD = 0.4709 RON
06 November 2023	1 MAD = 0.4685 RON
07 November 2023	1 MAD = 0.4537 RON
08 November 2023	1 MAD = 0.4537 RON
09 November 2023	1 MAD = 0.4549 RON
10 November 2023	1 MAD = 0.4551 RON
12 November 2023	1 MAD = 0.4552 RON
13 November 2023	1 MAD = 0.4713 RON
14 November 2023	1 MAD = 0.4543 RON
15 November 2023	1 MAD = 0.4504 RON
16 November 2023	1 MAD = 0.4504 RON
17 November 2023	1 MAD = 0.4504 RON
19 November 2023	1 MAD = 0.4483 RON
20 November 2023	1 MAD = 0.4668 RON
21 November 2023	1 MAD = 0.4480 RON
22 November 2023	1 MAD = 0.4489 RON
23 November 2023	1 MAD = 0.4645 RON
24 November 2023	1 MAD = 0.4637 RON
26 November 2023	1 MAD = 0.4502 RON
27 November 2023	1 MAD = 0.4647 RON
28 November 2023	1 MAD = 0.4494 RON
29 November 2023	1 MAD = 0.4495 RON
30 November 2023	1 MAD = 0.4508 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