Moldovan Leu south korean won exchange rate history (MDL KRW) August 2023

Moldovan Leu south korean won history for August 2023. The highest quote for this month is 77.163 (15/08/2023) and the lowest 76.874 (15/08/2023). The difference between high and low is 0.37.

MDL KRW average rate for August 2023 is 75.69535, the change between 01/08/2023 and 31/08/2023 is -2.48 %.

01 August 2023	1 MDL = 73.41 KRW
02 August 2023	1 MDL = 73.21 KRW
03 August 2023	1 MDL = 74.02 KRW
04 August 2023	1 MDL = 74.70 KRW
07 August 2023	1 MDL = 75.91 KRW
08 August 2023	1 MDL = 75.74 KRW
09 August 2023	1 MDL = 75.69 KRW
10 August 2023	1 MDL = 75.27 KRW
11 August 2023	1 MDL = 75.66 KRW
12 August 2023	1 MDL = 75.58 KRW
14 August 2023	1 MDL = 76.34 KRW
15 August 2023	1 MDL = 77.11 KRW
16 August 2023	1 MDL = 77.26 KRW
17 August 2023	1 MDL = 77.25 KRW
18 August 2023	1 MDL = 77.01 KRW
19 August 2023	1 MDL = 75.96 KRW
20 August 2023	1 MDL = 75.96 KRW
21 August 2023	1 MDL = 76.73 KRW
22 August 2023	1 MDL = 76.37 KRW
23 August 2023	1 MDL = 76.58 KRW
24 August 2023	1 MDL = 75.57 KRW
25 August 2023	1 MDL = 75.71 KRW
28 August 2023	1 MDL = 75.41 KRW
29 August 2023	1 MDL = 75.23 KRW
30 August 2023	1 MDL = 75.20 KRW
31 August 2023	1 MDL = 75.23 KRW

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.

Historic Moldovan Leu South Korean Won