Search results
Results from the WOW.Com Content Network
On 1 July 2005, the leu was revalued at the rate of 10,000 "old" lei (ROL) for one "new" leu (RON), thus psychologically bringing the purchasing power of the leu back in line with those of other major Western currencies. The term chosen for the action was "denominare", similar to the English term "redenomination". The adjustment was a difficult ...
The leu notes issued on 1 July 2005 are of equal size to euro banknotes, so that machines will need less refitting once Romania joins the euro zone. This decision was taken after a lot of debate, and with some opposition, the initial decision being to make them even smaller, similar to the 1966 series.
The ten lei banknote is one of the circulating denominations of the Romanian leu.It is the same size as the 20 Euro banknote.. The main color of the banknote is pink. It depicts painter Nicolae Grigorescu on the obverse and a traditional house from Oltenia on the reverse, and a detail from the painting Rodica.
At 0945 GMT, the leu was flat against the euro at 4.9255 and bluechip index traded 0.1% higher, as markets bet political tensions would die down. CEE MARKETS-Romanian leu flat after govt friction ...
In 2021 National Bank of Romania has officially presented the new 20-lei banknote, which has been put into circulation starting from 1 December 2021. It is the first banknote with legal tender to feature a female personality. [1] It is printed using the offset printing technique (like the one leu and five lei banknotes).
One leu (Romania) Value: 1 Romanian leu: Width: 120 mm: Height: 62 mm: ... The current one leu banknote is the smallest circulating denomination af the Romanian leu.
Romania's national currency is the leu.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]
The banknote was designed by the Romanian artist Nicolae Săftoiu, who is credited with the designs on which all Romanian banknotes printed since the 1989 Revolution are based. [2] In observance of the coming millennium, the obverse of the note displays a rendering of the Solar System viewed from afar, showing all of the planets revolving ...