South African rand moldovan leu exchange rate history (ZAR MDL) September 2023

South African rand moldovan leu history for September 2023. The highest quote for this month is 0.9585 (30/09/2023) and the lowest 0.9597 (23/09/2023). The difference between high and low is -0.13.

ZAR MDL average rate for September 2023 is 0.93673, the change between 01/09/2023 and 30/09/2023 is -3.08 %.

01 September 2023	1 ZAR = 0.9299 MDL
04 September 2023	1 ZAR = 0.9381 MDL
05 September 2023	1 ZAR = 0.9207 MDL
06 September 2023	1 ZAR = 0.9205 MDL
07 September 2023	1 ZAR = 0.9156 MDL
08 September 2023	1 ZAR = 0.9220 MDL
11 September 2023	1 ZAR = 0.9268 MDL
12 September 2023	1 ZAR = 0.9378 MDL
13 September 2023	1 ZAR = 0.9353 MDL
14 September 2023	1 ZAR = 0.9411 MDL
15 September 2023	1 ZAR = 0.9292 MDL
18 September 2023	1 ZAR = 0.9295 MDL
19 September 2023	1 ZAR = 0.9298 MDL
20 September 2023	1 ZAR = 0.9389 MDL
21 September 2023	1 ZAR = 0.9439 MDL
22 September 2023	1 ZAR = 0.9432 MDL
23 September 2023	1 ZAR = 0.9628 MDL
25 September 2023	1 ZAR = 0.9524 MDL
26 September 2023	1 ZAR = 0.9546 MDL
27 September 2023	1 ZAR = 0.9381 MDL
28 September 2023	1 ZAR = 0.9316 MDL
29 September 2023	1 ZAR = 0.9444 MDL
30 September 2023	1 ZAR = 0.9585 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.

Historic South African rand Moldovan Leu