Historic South Korean Won Romanian leu

South Korean Won romanian leu history for January 2024. The highest quote for this month is 0.003478 (01/01/2024) and the lowest 0.003483 (02/01/2024). The difference between high and low is -0.14.

KRW RON average rate for January 2024 is 0.00344, the change between 01/01/2024 and 31/01/2024 is +0.75 %.

01 January 20241 KRW = 0.0035 RON
02 January 20241 KRW = 0.0035 RON
03 January 20241 KRW = 0.0035 RON
04 January 20241 KRW = 0.0035 RON
05 January 20241 KRW = 0.0035 RON
07 January 20241 KRW = 0.0034 RON
08 January 20241 KRW = 0.0034 RON
09 January 20241 KRW = 0.0035 RON
10 January 20241 KRW = 0.0034 RON
11 January 20241 KRW = 0.0034 RON
12 January 20241 KRW = 0.0034 RON
13 January 20241 KRW = 0.0035 RON
14 January 20241 KRW = 0.0035 RON
15 January 20241 KRW = 0.0035 RON
16 January 20241 KRW = 0.0034 RON
17 January 20241 KRW = 0.0034 RON
18 January 20241 KRW = 0.0034 RON
19 January 20241 KRW = 0.0034 RON
22 January 20241 KRW = 0.0034 RON
23 January 20241 KRW = 0.0034 RON
24 January 20241 KRW = 0.0034 RON
25 January 20241 KRW = 0.0034 RON
26 January 20241 KRW = 0.0034 RON
28 January 20241 KRW = 0.0034 RON
29 January 20241 KRW = 0.0034 RON
30 January 20241 KRW = 0.0034 RON
31 January 20241 KRW = 0.0035 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.

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.

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.

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.

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.

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.

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.

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.

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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