Historic Angolan kwanza Romanian leu

Angolan kwanza romanian leu history since 28/03/2024 until today (0 years). Search for AOA to RON exchange rate history for a particular date, month or year.

The Angolan kwanza is the currency of Angola (supplied by National Bank of Angola and the currency supplied by National Bank of Romania. The AOA RON historical data can be seen on the Angolan kwanza romanian leu historical chart.

29 February 20241 AOA = 0.0055 RON
01 March 20241 AOA = 0.0055 RON
04 March 20241 AOA = 0.0055 RON
05 March 20241 AOA = 0.0055 RON
06 March 20241 AOA = 0.0055 RON
07 March 20241 AOA = 0.0055 RON
11 March 20241 AOA = 0.0054 RON

01/01/2022: Currency Floatation

Angola transitioned from a fixed exchange rate to a floating exchange rate system, allowing the Kwanza's value to be determined by the market forces of supply and demand.

30/10/2020: Kwanza Devaluation

In response to economic challenges, Angola devalued the Kwanza by approximately 24%, increasing the exchange rate from 165 to 195 Kwanzas per US dollar.

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.

15/04/2013: Currency Redesign

Angola launched a new series of banknotes, featuring improved security features and new designs to reflect national landmarks and culture.

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.

08/11/1999: Return to Kwanza

Angola reintroduced the Kwanza as the official currency, replacing the Kwanza Reajustado, at a rate of 1,000 Kwanza Reajustado to 1 Kwanza.

18/02/1999: Introduction of Kwanza Reajustado

Kwanza Reajustado was introduced as a temporary currency, with 1 Kwanza Reajustado equal to 1,000 regular Kwanzas.

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.

31/03/1990: Kwanza Revaluation

In an attempt to combat hyperinflation, the government redenominated the currency, with 1 new Kwanza equal to 1,000 old Kwanzas.

08/01/1977: Introduction of the Kwanza

Angola introduced the first Kwanza currency, replacing the Portuguese Escudo, with 1 Kwanza equal to 1 Escudo.

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.