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The Romanian leu (Romanian pronunciation:, plural lei; ISO code: RON; numeric code: 946) is the currency of Romania. It is subdivided into 100 bani ( Romanian pronunciation: [banʲ] , singular: ban [ban] ), a word that also means "money" in the Romanian language .
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]
Romanian peasant women, the ... the Leu lost exchange parity with other foreign currencies from 1970 to 1989. ... Possession or sale of currency was a criminal ...
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 25 countries); any country entering the European Union (EU) is expected to join the eurozone [1] when they meet the five convergence criteria. [2]
On 1 July 2005, Romania underwent a currency reform, switching from the previous leu (ROL) to a new leu (RON). 1 RON is equal to 10,000 ROL. Romania joined the European Union on 1 January 2007 and initially hoped to adopt the euro in 2014, [ 80 ] but with the deepening of the Euro crisis and with its own problems, such as a low workforce ...
The fifty-lei banknote is one of the circulating denomination of the Romanian leu.It is the same size as the 50 Euro banknote.. The main color of the banknote is yellow. It pictures, on the obverse, pilot and engineer Aurel Vlaicu, and on the reverse the A Vlaicu Nr.
On 28 July 1959, an armed group of six Jewish Romanian, members of the Romanian Communist Party apparatus (the Ioanid Gang: Alexandru Ioanid, Paul Ioanid, Igor Sevianu, Monica Sevianu, Sașa Mușat and Haralambie Obedeanu) were alleged to have stolen from an armored car of the National Bank of Romania 1,600,000 lei (about 250,000 U.S. dollars ...
Value, year of minting, ROMANIA, coat of arms CAROL I REGE AL ROMANIEI ("Carol I, King of Romania") 1900 2 bani 20 mm 2 g 5 bani 19 mm 3.5 g copper 75%, nickel 25% ROMANIA, value Steel crown, wreath, year of minting 1900 10 bani 22 mm 4.5 g 20 bani 25 mm 7 g 50 bani 25 mm 2.5 g silver 83.5% Milled Value, year of minting