South Korean Won romanian leu exchange rate history (KRW RON) October 2023

South Korean Won romanian leu history for October 2023. The highest quote for this month is 0.003498 (05/10/2023) and the lowest 0.003508 (03/10/2023). The difference between high and low is -0.29.

KRW RON average rate for October 2023 is 0.00348, the change between 01/10/2023 and 31/10/2023 is +0.29 %.

01 October 2023	1 KRW = 0.0035 RON
02 October 2023	1 KRW = 0.0035 RON
03 October 2023	1 KRW = 0.0035 RON
04 October 2023	1 KRW = 0.0035 RON
05 October 2023	1 KRW = 0.0035 RON
06 October 2023	1 KRW = 0.0035 RON
09 October 2023	1 KRW = 0.0035 RON
10 October 2023	1 KRW = 0.0035 RON
11 October 2023	1 KRW = 0.0035 RON
12 October 2023	1 KRW = 0.0035 RON
13 October 2023	1 KRW = 0.0035 RON
16 October 2023	1 KRW = 0.0035 RON
17 October 2023	1 KRW = 0.0035 RON
18 October 2023	1 KRW = 0.0035 RON
19 October 2023	1 KRW = 0.0035 RON
20 October 2023	1 KRW = 0.0035 RON
21 October 2023	1 KRW = 0.0035 RON
22 October 2023	1 KRW = 0.0035 RON
23 October 2023	1 KRW = 0.0035 RON
24 October 2023	1 KRW = 0.0035 RON
25 October 2023	1 KRW = 0.0035 RON
26 October 2023	1 KRW = 0.0035 RON
27 October 2023	1 KRW = 0.0035 RON
29 October 2023	1 KRW = 0.0035 RON
30 October 2023	1 KRW = 0.0035 RON
31 October 2023	1 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.

Historic South Korean Won Romanian leu