Historic United States dollar Romanian leu

United States dollar romanian leu history for July 2023. The highest quote for this month is 4.5553 (05/07/2023) and the lowest 4.5337 (05/07/2023). The difference between high and low is 0.47.

USD RON average rate for July 2023 is 4.48587, the change between 01/07/2023 and 31/07/2023 is +1.63 %.

05 July 20231 USD = 4.545 RON
25 July 20231 USD = 4.441 RON
31 July 20231 USD = 4.471 RON

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.

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.

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.

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.