Basic Country Data:
Country ISO Code: RO
Official Language: Romanian
Language ISO Code: ro
Current Official Currency: Romanian leu
Current Currency ISO Code: RON
ISO Code: RON
Designs / Symbols on Coins and Banknotes:
Coins feature national elements including images of historical personalities and Romanian cultural symbols.
Banknotes depict important historical figures, buildings, and cultural motifs, with advanced security features.
Singular Name: leu
Plural Name: lei
Monetary Subdivision: 1 leu = 100 bani
Subdivision Name Singular: ban
Subdivision Name Plural: bani
Initial Production Date: 1867 (first issue of the modern leu)
Final Production Date: ongoing
Initial Circulation Date: 1867
Final Circulation Date: currently in circulation
Mint: State Mint of Bucharest
Issuing Bank: National Bank of Romania
Coin Denominations: 1, 5, 10, 50 bani; 1, 2, 5 lei
Banknote Denominations: 1, 5, 10, 50, 100, 200, 500 lei (in various series)
Economic Historical Context:
The Romanian leu was introduced in the 19th century, replacing the Wallachian and Moldavian currencies.
It has undergone several monetary reforms, including redenomination in 2005 (1 new leu = 10,000 old lei).
Romania is not part of the Eurozone but has a commitment to adopt the euro in the future.
Current Circulation Status: active and widely used in Romania
Issuing Authority: National Bank of Romania
Relevant Monetary Legislation: Law on the National Bank of Romania and regulations on currency circulation
Persons Honored on Coins and Banknotes: historical figures such as Mihai Eminescu, Nicolae Iorga, Ion Luca Caragiale, Constantin Brâncuși, and others
This report presents Romanian as the official language of Romania and provides a complete financial history focusing on the Romanian leu as the current national currency, including details on coins, banknotes, production, historical context, and legislation.