Historic South African rand Moldovan Leu

South African rand moldovan leu history for February 2024. The highest quote for this month is 0.9425 (17/02/2024) and the lowest 0.9452 (01/02/2024). The difference between high and low is -0.29.

ZAR MDL average rate for February 2024 is 0.92774, the change between 01/02/2024 and 29/02/2024 is +3.1 %.

01 February 20241 ZAR = 0.9381 MDL
02 February 20241 ZAR = 0.9454 MDL
03 February 20241 ZAR = 0.9339 MDL
04 February 20241 ZAR = 0.9347 MDL
05 February 20241 ZAR = 0.9366 MDL
06 February 20241 ZAR = 0.9214 MDL
07 February 20241 ZAR = 0.9331 MDL
08 February 20241 ZAR = 0.9278 MDL
09 February 20241 ZAR = 0.9264 MDL
12 February 20241 ZAR = 0.9241 MDL
13 February 20241 ZAR = 0.9262 MDL
14 February 20241 ZAR = 0.9172 MDL
15 February 20241 ZAR = 0.9218 MDL
16 February 20241 ZAR = 0.9273 MDL
17 February 20241 ZAR = 0.9425 MDL
18 February 20241 ZAR = 0.9425 MDL
19 February 20241 ZAR = 0.9353 MDL
20 February 20241 ZAR = 0.9292 MDL
21 February 20241 ZAR = 0.9326 MDL
22 February 20241 ZAR = 0.9346 MDL
23 February 20241 ZAR = 0.9213 MDL
24 February 20241 ZAR = 0.9213 MDL
25 February 20241 ZAR = 0.9200 MDL
26 February 20241 ZAR = 0.9123 MDL
27 February 20241 ZAR = 0.9158 MDL
28 February 20241 ZAR = 0.9187 MDL
29 February 20241 ZAR = 0.9090 MDL

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of the currency.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
ZAR MDL August 2023
ZAR MDL September 2023
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ZAR MDL February 2024
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