Historic Romanian leu Convertible Mark

Romanian leu convertible mark history for August 2023. The highest quote for this month is 0.39697 (11/08/2023) and the lowest 0.3973 (28/08/2023). The difference between high and low is -0.08.

RON BAM average rate for August 2023 is 0.39668, the change between 01/08/2023 and 31/08/2023 is +0.4 %.

01 August 20231 RON = 0.3981 BAM
03 August 20231 RON = 0.3972 BAM
04 August 20231 RON = 0.3941 BAM
07 August 20231 RON = 0.3962 BAM
08 August 20231 RON = 0.3969 BAM
10 August 20231 RON = 0.3949 BAM
11 August 20231 RON = 0.3980 BAM
14 August 20231 RON = 0.3984 BAM
17 August 20231 RON = 0.3974 BAM
18 August 20231 RON = 0.3965 BAM
21 August 20231 RON = 0.3958 BAM
28 August 20231 RON = 0.3965 BAM

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

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.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing durability and security.

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.

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

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.

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.

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.