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Romania







Basic Country Data:
Country ISO Code: RO
Official Language: Romanian
Language ISO Code: ro
Current Official Currency: Romanian leu
Current Currency ISO Code: RON


Currency: Romanian Leu (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.



Fonte:

Autor do blog: Nilton Romani

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