04/06/2018: Introduction of New Banknotes
Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.
05/04/2016: End of currency intervention
The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.
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.
06/11/2013: Currency intervention
The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.
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.
09/10/2008: Global financial crisis impact
The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.
30/04/2007: EU membership benefits
The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.
30/04/2004: EU Accession
The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.
29/10/1999: Introduction of Polymer Banknotes
Polymer banknotes were introduced in Moldova, increasing security and durability of the currency.
29/05/1994: Redenomination
Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.
30/06/1993: Currency conversion
The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.
07/02/1993: Establishment of Czech koruna
The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.
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.