Historic Moldovan Leu South African rand

Moldovan Leu south african rand history for January 2024. The highest quote for this month is 1.102 (17/01/2024) and the lowest 1.0946 (22/01/2024). The difference between high and low is 0.67.

MDL ZAR average rate for January 2024 is 1.07696, the change between 01/01/2024 and 31/01/2024 is -0.37 %.

01 January 20241 MDL = 1.071 ZAR
02 January 20241 MDL = 1.072 ZAR
03 January 20241 MDL = 1.079 ZAR
04 January 20241 MDL = 1.081 ZAR
05 January 20241 MDL = 1.077 ZAR
06 January 20241 MDL = 1.072 ZAR
07 January 20241 MDL = 1.072 ZAR
08 January 20241 MDL = 1.075 ZAR
09 January 20241 MDL = 1.079 ZAR
10 January 20241 MDL = 1.067 ZAR
11 January 20241 MDL = 1.066 ZAR
12 January 20241 MDL = 1.065 ZAR
14 January 20241 MDL = 1.059 ZAR
15 January 20241 MDL = 1.066 ZAR
16 January 20241 MDL = 1.073 ZAR
17 January 20241 MDL = 1.091 ZAR
18 January 20241 MDL = 1.096 ZAR
19 January 20241 MDL = 1.084 ZAR
22 January 20241 MDL = 1.095 ZAR
23 January 20241 MDL = 1.100 ZAR
24 January 20241 MDL = 1.087 ZAR
25 January 20241 MDL = 1.081 ZAR
26 January 20241 MDL = 1.083 ZAR
28 January 20241 MDL = 1.065 ZAR
29 January 20241 MDL = 1.073 ZAR
30 January 20241 MDL = 1.076 ZAR
31 January 20241 MDL = 1.075 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

29/10/1999: Introduction of Polymer Banknotes

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

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

29/05/1994: Redenomination

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

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
MDL ZAR August 2023
MDL ZAR September 2023
MDL ZAR October 2023
MDL ZAR November 2023
MDL ZAR December 2023
MDL ZAR January 2024
MDL ZAR February 2024
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MDL ZAR August 2024