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

Moroccan dirham romanian leu history for October 2023. The highest quote for this month is 0.47447 (18/10/2023) and the lowest 0.47531 (16/10/2023). The difference between high and low is -0.18.

MAD RON average rate for October 2023 is 0.46143, the change between 01/10/2023 and 31/10/2023 is +0.53 %.

01 October 2023	1 MAD = 0.4568 RON
02 October 2023	1 MAD = 0.4708 RON
03 October 2023	1 MAD = 0.4596 RON
04 October 2023	1 MAD = 0.4597 RON
05 October 2023	1 MAD = 0.4591 RON
06 October 2023	1 MAD = 0.4708 RON
09 October 2023	1 MAD = 0.4758 RON
10 October 2023	1 MAD = 0.4668 RON
11 October 2023	1 MAD = 0.4560 RON
12 October 2023	1 MAD = 0.4557 RON
13 October 2023	1 MAD = 0.4593 RON
16 October 2023	1 MAD = 0.4768 RON
17 October 2023	1 MAD = 0.4584 RON
18 October 2023	1 MAD = 0.4585 RON
19 October 2023	1 MAD = 0.4738 RON
20 October 2023	1 MAD = 0.4557 RON
21 October 2023	1 MAD = 0.4541 RON
22 October 2023	1 MAD = 0.4547 RON
23 October 2023	1 MAD = 0.4714 RON
24 October 2023	1 MAD = 0.4509 RON
25 October 2023	1 MAD = 0.4547 RON
26 October 2023	1 MAD = 0.4574 RON
27 October 2023	1 MAD = 0.4578 RON
29 October 2023	1 MAD = 0.4569 RON
30 October 2023	1 MAD = 0.4714 RON
31 October 2023	1 MAD = 0.4544 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