Historic Romanian leu Moroccan dirham

Romanian leu moroccan dirham history for August 2023. The highest quote for this month is 2.1955 (20/08/2023) and the lowest 2.1955 (20/08/2023). The difference between high and low is 0.

RON MAD average rate for August 2023 is 2.1575, the change between 01/08/2023 and 31/08/2023 is +1.3 %.

01 August 20231 RON = 2.198 MAD
02 August 20231 RON = 2.203 MAD
03 August 20231 RON = 2.133 MAD
04 August 20231 RON = 2.176 MAD
07 August 20231 RON = 2.084 MAD
08 August 20231 RON = 2.119 MAD
09 August 20231 RON = 2.080 MAD
10 August 20231 RON = 2.092 MAD
11 August 20231 RON = 2.107 MAD
12 August 20231 RON = 2.195 MAD
14 August 20231 RON = 2.107 MAD
15 August 20231 RON = 2.179 MAD
16 August 20231 RON = 2.182 MAD
17 August 20231 RON = 2.183 MAD
18 August 20231 RON = 2.185 MAD
20 August 20231 RON = 2.196 MAD
21 August 20231 RON = 2.096 MAD
22 August 20231 RON = 2.202 MAD
23 August 20231 RON = 2.198 MAD
24 August 20231 RON = 2.201 MAD
25 August 20231 RON = 2.198 MAD
28 August 20231 RON = 2.128 MAD
29 August 20231 RON = 2.163 MAD
30 August 20231 RON = 2.164 MAD
31 August 20231 RON = 2.170 MAD

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.