Historic South African rand Moldovan Leu

South African rand moldovan leu history for January 2024. The highest quote for this month is 0.9441 (14/01/2024) and the lowest 0.9444 (14/01/2024). The difference between high and low is -0.03.

ZAR MDL average rate for January 2024 is 0.92862, the change between 01/01/2024 and 31/01/2024 is +0.37 %.

01 January 20241 ZAR = 0.9339 MDL
02 January 20241 ZAR = 0.9331 MDL
03 January 20241 ZAR = 0.9265 MDL
04 January 20241 ZAR = 0.9253 MDL
05 January 20241 ZAR = 0.9287 MDL
06 January 20241 ZAR = 0.9328 MDL
07 January 20241 ZAR = 0.9328 MDL
08 January 20241 ZAR = 0.9307 MDL
09 January 20241 ZAR = 0.9269 MDL
10 January 20241 ZAR = 0.9372 MDL
11 January 20241 ZAR = 0.9379 MDL
12 January 20241 ZAR = 0.9388 MDL
14 January 20241 ZAR = 0.9444 MDL
15 January 20241 ZAR = 0.9382 MDL
16 January 20241 ZAR = 0.9321 MDL
17 January 20241 ZAR = 0.9164 MDL
18 January 20241 ZAR = 0.9124 MDL
19 January 20241 ZAR = 0.9222 MDL
22 January 20241 ZAR = 0.9133 MDL
23 January 20241 ZAR = 0.9094 MDL
24 January 20241 ZAR = 0.9202 MDL
25 January 20241 ZAR = 0.9255 MDL
26 January 20241 ZAR = 0.9233 MDL
28 January 20241 ZAR = 0.9388 MDL
29 January 20241 ZAR = 0.9319 MDL
30 January 20241 ZAR = 0.9297 MDL
31 January 20241 ZAR = 0.9304 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 July 2023
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