Historic Australian dollar Romanian leu

Australian dollar romanian leu history for December 2023. The highest quote for this month is 3.0777 (24/12/2023) and the lowest 3.1953 (25/12/2023). The difference between high and low is -3.82.

AUD RON average rate for December 2023 is 3.0462, the change between 01/12/2023 and 31/12/2023 is -1.87 %.

01 December 20231 AUD = 3.012 RON
03 December 20231 AUD = 3.041 RON
04 December 20231 AUD = 3.064 RON
05 December 20231 AUD = 3.030 RON
06 December 20231 AUD = 3.012 RON
07 December 20231 AUD = 3.020 RON
08 December 20231 AUD = 3.034 RON
09 December 20231 AUD = 3.037 RON
10 December 20231 AUD = 3.035 RON
11 December 20231 AUD = 3.035 RON
12 December 20231 AUD = 3.029 RON
13 December 20231 AUD = 3.020 RON
14 December 20231 AUD = 3.039 RON
15 December 20231 AUD = 3.030 RON
16 December 20231 AUD = 3.053 RON
17 December 20231 AUD = 3.051 RON
18 December 20231 AUD = 3.049 RON
19 December 20231 AUD = 3.047 RON
20 December 20231 AUD = 3.059 RON
21 December 20231 AUD = 3.058 RON
22 December 20231 AUD = 3.066 RON
24 December 20231 AUD = 3.072 RON
25 December 20231 AUD = 3.072 RON
26 December 20231 AUD = 3.067 RON
27 December 20231 AUD = 3.068 RON
28 December 20231 AUD = 3.066 RON
29 December 20231 AUD = 3.062 RON
31 December 20231 AUD = 3.068 RON

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.
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