Historic South Korean Won Moldovan Leu

South Korean Won moldovan leu history for December 2023. The highest quote for this month is 0.013587 (02/12/2023) and the lowest 0.013596 (02/12/2023). The difference between high and low is -0.07.

KRW MDL average rate for December 2023 is 0.01343, the change between 01/12/2023 and 31/12/2023 is +0.19 %.

01 December 20231 KRW = 0.0135 MDL
02 December 20231 KRW = 0.0136 MDL
03 December 20231 KRW = 0.0136 MDL
04 December 20231 KRW = 0.0135 MDL
05 December 20231 KRW = 0.0134 MDL
06 December 20231 KRW = 0.0133 MDL
07 December 20231 KRW = 0.0133 MDL
08 December 20231 KRW = 0.0133 MDL
10 December 20231 KRW = 0.0134 MDL
11 December 20231 KRW = 0.0133 MDL
12 December 20231 KRW = 0.0134 MDL
13 December 20231 KRW = 0.0135 MDL
14 December 20231 KRW = 0.0137 MDL
15 December 20231 KRW = 0.0136 MDL
16 December 20231 KRW = 0.0135 MDL
17 December 20231 KRW = 0.0135 MDL
18 December 20231 KRW = 0.0138 MDL
19 December 20231 KRW = 0.0133 MDL
20 December 20231 KRW = 0.0133 MDL
21 December 20231 KRW = 0.0132 MDL
22 December 20231 KRW = 0.0133 MDL
23 December 20231 KRW = 0.0135 MDL
24 December 20231 KRW = 0.0135 MDL
25 December 20231 KRW = 0.0134 MDL
26 December 20231 KRW = 0.0134 MDL
27 December 20231 KRW = 0.0134 MDL
28 December 20231 KRW = 0.0132 MDL
29 December 20231 KRW = 0.0135 MDL

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of the currency.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.