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Romanian Leu (RON)

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 This article describes a currency traded on the global foreign exchange market. View articles referencing this currency.
 
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Sr. Associate
Claudiu Brezeanu


The leu (free translation:lion) (currency:RON) is the currency of Romania with its fractional coin, the ban. Romania had joined the European Union on 1 January 2007 and it is expected to adopt the euro by 2014.

The National Bank of Romania is the sole institution authorised to issue currency, in the form of banknotes and coins to be used as legal tender in Romania, based on a currency issue programme drafted in terms of the real needs of money circulation.

For more information visit the English version of National Bank of Romania page at http://www.bnr.ro/Home.aspx.

The chart at left shows the USD/RON currency pair; the number of Romanian Leu equivalent to 1 U.S. Dollar (USD).

1 Leu (RON) note

Image:nl001f.jpg

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