Romanian leu united states dollar history for July 2023. The highest quote for this month is 0.22391 (25/07/2023) and the lowest 0.22569 (25/07/2023). The difference between high and low is -0.79.
RON USD average rate for July 2023 is 0.22294, the change between 01/07/2023 and 31/07/2023 is -1.66 %.
| 05 July 2023 | 1 RON = 0.2200 USD |
| 25 July 2023 | 1 RON = 0.2252 USD |
| 31 July 2023 | 1 RON = 0.2237 USD |
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.
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.
28/02/1991: 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.