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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).
The 1 July 2005, 1 December 2006, and 1 December 2008 issues will continue to be legal tender and circulate in parallel with the revised banknotes. 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]
The exchange rate was pegged at 167.20 lei to US$1 on 7 February 1929, US$1 = 135.95 lei on 5 November 1936, US$1 = 204.29 lei on 18 May 1940, and US$1 = 187.48 lei on 31 March 1941. During Romania's World War II alliance with Nazi Germany , the leu was pegged to the reichsmark at a rate of 49.50 lei to RM 1, falling to 59.5 lei = RM 1 in April ...
In 2021, 347,000 euro counterfeits were seized, equivalent to a rate of 12 counterfeits per million banknotes in circulation. The majority of counterfeit items were €50 (33.8%) and €20 (32.1%) banknotes. [116] In 2024, the amount of counterfeit banknotes was still on a relative low, after a sharp decrease due to the corona pandemic.
Denmark is the only EU member state which has been granted an exemption from using the euro. [1] Czechia, Hungary, Poland, Romania and Sweden have not adopted the Euro either, although unlike Denmark, they have not formally opted out; instead, they fail to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.
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 leu and the euro is not yet used.
20 euro note; 50 euro note; 100 euro note; 200 euro note; 500 euro note This page was last edited on 24 December 2023, at 05:51 (UTC). Text is available under the ...
In November 1993, the National Bank of Moldova (NBM) issued its first coins of 1, 5, 25 and 50 bani and 1 and 5 lei. [6] The 1 and 5 lei coins were withdrawn from circulation in 1994. [7] Due to their low quality and relatively high nominal value many forgeries appeared. In April 1996, a 10 bani coin was introduced. [8]