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Exchange rates for the Deutsche Mark in Romania / DEM 1 = ROL ... (middle) / up to the end of 1998

Path :
  1. Exchange rates, euro foreign exchange reference rates, gold prices
  2. Exchange rates in individual countries
  3. End of month
  4. DEM Deutsche Mark (historical)
  5. ROL Romanian leu (Romania)
CSV SDMX-ML 2.0 SDMX-ML 2.1
Time series key BBEX3.M.ROL.DEM.CA.AC.A01
Unit ROL
Dimension one
Timespan from 1990-02 to 1998-12
Last update 20.09.2023 02:47:02 PM
   
General From 18 February 1991 until 10 November 1991, a market exchange rate existed alongside the official rate which was only quoted against the US dollar. During this time, only certain public sector transactions were settled at the official rate. Listed against the euro as of 1 January 1999, see BBEX3:M:ROL:EUR:BB:AC:A01 (euro foreign exchange reference rates of the European Central Bank).
Source Banca Nationala a Romaniei, Bucharest.
   
Comment on 1991-11 With effect from 11 November 1991, the multiple exchange rate system was standardised. We recorded the following official exchange rates: 10 November 1991: DEM 1 = ROL 35.48 11 November 1991: DEM 1 = ROL 110.12 Calculated devaluation: 67.8%.
Comment on 1991-04 On 1 April 1991, the Romanian leu was devalued. We recorded the following exchange rate for this date: DEM 1 = ROL 35.25 Calculated devaluation against the rate recorded at the end of March 1991: 36.4%.
Comment on 1990-11 On 1 November 1990, the Romanian leu was devalued. We recorded the following exchange rate for this date: DEM 1 = ROL 23.09 Calculated devaluation against the rate recorded at the end of October 1990: 44.0%.
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