Romania is a country full of color, energy and culture from the Carpathian Mountains and the castles of Transylvania to Bucharest, also known as the "little Paris" of the Balkans. But, before you start your journey, there is something important you should know: Romania does not use the euro, but her own currency the lion (Romanian Leu - RON). Here you can learn his story, what makes it special and, naturally, why you have to choose the capital exchange if you want to make your change from Euro to Romanian leu, before your trip!
The story of the lion
The history of the name "lion" begins in the 17th century, long before today's Romania even existed as a single state. Its name means "lion" and comes from the silver coins of the Netherlands, the so-calledlion dalders”, which depicted lions and circulated widely in Southeast Europe. The Romanians called them "leu" and gradually the word came to characterize their currency.
The first official leu was established in 1867, when the country adopted its own monetary system. At first it was connected with the rule of silver and gold, as was the case in many other European countries.
In the coming years, the coin went through many phases, as well as the country itself. After the First World War, its value decreased significantly, while his decade 1940 Romania went through a series of monetary reforms due to war and political instability.
During the communist period (1947–1989), the leu was used as the main medium of trade, but the economy was strictly controlled by the state and prices were stable. After the 1990, with the transition to democracy and the free market, the country experienced high inflation, event that led the 2005 in a major monetary reform: the "new lion" (RON) replace the old one (ROLE) in proportion 1 RON = 10.000 ROLE.
Since, the new leu is the official and stable currency of the country, with which Romanians are deeply connected. A symbol of national identity that accompanies them in modern times.
Leo notes and coins
Today, the leu circulates in banknotes of 1, 5, 10, 50, 100, 200 and 500 RON, while the coins exist in values of 1, 5, 10 and 50 bani. Each banknote is unique, not only for the design but also for its material.
Romania was one of the first countries in Europe to print polymer banknotes (durable plastics), which makes them safer and more durable as they do not wear out easily, they do not tear and do not become complacent.
On the banknotes you will see personalities from Romanian history, like the poet Mihai Eminescu, the painter Nicolae Grigorescu and the musician George Enescu. The images are accompanied by flowers and symbols of Romanian culture, creating an effect reminiscent of small works of art.
Security levels and features
The Central Bank of Romania has invested heavily in the security features of the leu. Each banknote has watermarks, transparent strips, micrograms and special holograms, that change color in the light. If you observe them carefully, you will also see a small transparent surface, characteristic of polymer banknotes, which makes them almost impossible to counterfeit.
These features serve not only for safety but also for durability. Polymeric versions can remain in circulation for more than ten years without deterioration, which reduces production costs and increases citizens' confidence in the currency.
The leu and the euro
Although Romania has expressed its intention to adopt the euro "when the right conditions are met", this issue is more complicated than it seems. The transition to the common currency requires the steady achievement of specific economic criteria (the so-called Maastricht criteria), such as low inflation, stable exchange rates and strong fiscal discipline.
The Romanian economy has made great progress in the last decade, with steady growth and investment, however, it still faces challenges that delay the integration process. The difference in the level of prices in relation to the countries of the Eurozone, the need for greater stability in the banking system and the government's desire to maintain monetary flexibility, are some of the main reasons why Romania still keeps its own currency.
So, while joining the Eurozone is a future goal, the country is in no rush to abandon its national currency. The leu still plays a key role in the domestic economy and the daily life of citizens, combining the past with the future of Romania.
Why is it important to have cash in Romania?
Although the country has developed rapidly in recent years, especially in Bucharest and big cities, cash remains the most widespread form of transactions in everyday life. From cafes and taxis to small shops, the lion has its honor.
The reasons are simple but essential. Lots of small shops, local restaurants and street markets do not accept cards, especially outside tourist areas. Furthermore, ATMs may charge high fees, while often the automatic conversion rates from euro to lei are not advantageous.
Having enough Romanian lei with you, you avoid bank charges, you have complete control over your expenses and can move more comfortably. For example a taxi, a bus ticket or a small souvenir from a local market, all this is paid quickly and without stress, cash only.
Where to do foreign exchange safely
If you are planning a trip to Romania, the best solution is to have your lei ready in advance. This way you avoid expensive currency exchanges at airports or high exchange rates abroad.
Capital Exchange is the most reliable option in Greece to buy Romanian lei easily, fast and without commissions. With clear rates, decades of experience and stores across the country, you can secure your exchange before you leave, so that you can travel stress-free and without surprises.
Alternatively, you can place your order online and receive it at your place, with the same safety and reliability.
Conclusion: A currency with character and stability
The Romanian leu is not just a medium of exchange. It is a symbol of national pride, a connecting link between the country's past and present. With its long history, its high security and durability, proves that Romania has found its own way in the modern economy.
If you are preparing for a trip to Romania, make sure you have your cash in lei ready beforehand. With Capital Exchange, you secure the best rate with no commissions and start your journey with confidence. So, you will be able to enjoy Romanian hospitality, the food and the scenery, without worrying about anything else.
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