Historic Romanian leu Iraqi dinar

Romanian leu iraqi dinar history for January 2024. The highest quote for this month is 288.23 (02/01/2024) and the lowest 288.99 (07/01/2024). The difference between high and low is -0.26.

RON IQD average rate for January 2024 is 285.25154, the change between 01/01/2024 and 31/01/2024 is -0.05 %.

01 January 20241 RON = 285.2 IQD
02 January 20241 RON = 285.7 IQD
03 January 20241 RON = 288.2 IQD
04 January 20241 RON = 287.8 IQD
05 January 20241 RON = 288.2 IQD
07 January 20241 RON = 289.0 IQD
08 January 20241 RON = 282.4 IQD
09 January 20241 RON = 288.4 IQD
10 January 20241 RON = 282.2 IQD
11 January 20241 RON = 289.0 IQD
12 January 20241 RON = 283.6 IQD
14 January 20241 RON = 288.3 IQD
15 January 20241 RON = 282.5 IQD
16 January 20241 RON = 282.3 IQD
17 January 20241 RON = 281.0 IQD
18 January 20241 RON = 286.7 IQD
19 January 20241 RON = 286.2 IQD
22 January 20241 RON = 280.3 IQD
23 January 20241 RON = 286.2 IQD
24 January 20241 RON = 285.7 IQD
25 January 20241 RON = 286.3 IQD
26 January 20241 RON = 285.4 IQD
28 January 20241 RON = 285.4 IQD
29 January 20241 RON = 280.2 IQD
30 January 20241 RON = 285.0 IQD
31 January 20241 RON = 285.4 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

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.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi 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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

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.
RON IQD January 2024
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