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Romania's national currency is the leu / RON.After Romania joined the European Union (EU) in 2007, the country became required to replace the leu with the euro once it meets all four euro convergence criteria, as stated in article 140 of the Treaty on the Functioning of the European Union. [1]
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
Through the Organic Regulations adopted in 1831 in Wallachia and in 1832 in Moldova stabilized the coinage used in the Romanian Lands: the Austrian florin and a silver coin known to numismatists as the Zwainziger from Zwanziger, "twentieth", the Tyrolian kreuzer, worth 20 Veronese denarii (in German Berner, in Latin denarii cruciati, cruciati meaning "crossed", from the cross on the coin).
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These denominations remained in use until 1991, particularly the 5 lei, following the lifting of state-mandated exchange rates and price controls. In 1991, a new coin series with post-communist iconography and new valuations was released in denominations of 1, 5, 10, 20, 50, and 100 lei.
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Coat of arms of Romania (2016–present) 2018–present 1 January 2018 200 L: 150 × 82 mm N/A Brown and orange Coat of arms of Romania (1992–2016) Lucian Blaga, poppies: A watermill and the Hamangia Thinker: 2006–2017 1 December 2006 Coat of arms of Romania (2016–present) 2018–present 1 January 2018 500 L: 153 × 82 mm: €200 (1st series)