Historic Iraqi dinar Romanian leu

Iraqi dinar romanian leu history for December 2023. The highest quote for this month is 0.003604 (11/12/2023) and the lowest 0.003593 (11/12/2023). The difference between high and low is 0.31.

IQD RON average rate for December 2023 is 0.0035, the change between 01/12/2023 and 31/12/2023 is +3.57 %.

01 December 20231 IQD = 0.0036 RON
03 December 20231 IQD = 0.0035 RON
04 December 20231 IQD = 0.0036 RON
05 December 20231 IQD = 0.0035 RON
06 December 20231 IQD = 0.0035 RON
07 December 20231 IQD = 0.0036 RON
08 December 20231 IQD = 0.0035 RON
10 December 20231 IQD = 0.0035 RON
11 December 20231 IQD = 0.0036 RON
12 December 20231 IQD = 0.0035 RON
13 December 20231 IQD = 0.0036 RON
14 December 20231 IQD = 0.0035 RON
15 December 20231 IQD = 0.0035 RON
16 December 20231 IQD = 0.0035 RON
17 December 20231 IQD = 0.0035 RON
18 December 20231 IQD = 0.0035 RON
19 December 20231 IQD = 0.0035 RON
20 December 20231 IQD = 0.0035 RON
21 December 20231 IQD = 0.0035 RON
22 December 20231 IQD = 0.0034 RON
24 December 20231 IQD = 0.0035 RON
25 December 20231 IQD = 0.0035 RON
26 December 20231 IQD = 0.0035 RON
27 December 20231 IQD = 0.0034 RON
28 December 20231 IQD = 0.0034 RON
29 December 20231 IQD = 0.0034 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

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.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

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.
IQD RON August 2023
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