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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 / 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] As of 2025, the only currency on the market is the ...
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]
Romania's FDI outward stock (an external or foreign business either investing in or purchasing the stock of a local economy) amounted to $745 million in December 2018, the lowest value among the 28 EU member states. [267] Since 1867 the official currency has been the Romanian leu ("lion") and following a denomination in 2005. [268]
Coat of arms of Romania (1992–2016) Nicolae Iorga, Milkweed gentian: Cathedral of Curtea de Argeș: 2005–2017 1 July 2005 Coat of arms of Romania (2016–present) 2018–present 1 January 2018 5 L: 127 × 67 mm €10: Violet Coat of arms of Romania (1992–2016) George Enescu, Carnation: Romanian Athenaeum: 2005–2017 1 July 2005
The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it.
Central Europe is experiencing the worst floods in at least two decades, with a trail of destruction from Romania to Poland and and the deaths of at least 23 people so far. * Four provinces in ...
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...