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 BrâncuÈ™i, 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.