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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.
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 .
On 31 July 2019, the National Bank of Romania announced that it planned to issue the 20 lei banknote, which will feature Ecaterina Teodoroiu, in 2020. [4] In November 2021 the National Bank of Romania announced that the 20 lei banknote bearing Ecaterina Teodoroiu's portrait would be issued on 1 December 2021. [5] [6]
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]
Cupro-nickel 1 and 2 lei coins were introduced in 1924, followed by nickel brass 5, 10 and 20 lei in 1930. In 1932, silver 100 lei coins were issued. However, inflation meant that, in 1935, smaller silver 250 lei coins were introduced with nickel 100 lei coins being issued in 1936, followed by nickel 50 lei in 1937.
10 bani coin from 2013. In the Socialist Republic of Romania (proclaimed 1965) ten-bani coins were replaced with fifteen-bani coins. Following the return of democracy to Romania in 1990, hyperinflation took place which made bani coins obsolete. However, on 1 July 2005, Romania redenominated its currency at 10,000 old lei to 1 new leu.
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 ]
The leu (pronounced ), plural: lei ([ˈlej]); (ISO 4217 code RON; numeric code 946), "leo" (lion) in English is the currency of Romania. It is subdivided into 100 bani (singular: ban ). 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.