Euro to Romanian Leu — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Romania

Currency Code, Symbol: RON, L

Denominations of coins in circulation: 1, 5, 10, 50 bani

Denominations of banknotes in circulation: 1 leu, 5, 10, 50, 100, 200, 500 lei

History: The Romanian leu is the main currency of Romania, issued and used within this European country. The leu is not accepted outside Romania. RON is used in the international currency exchange.The Romanian leu is subdivided into bani. Every RON has 100 bani. The currency has been put in circulation in 1867. In its present form, the currency has been issued since 2005. Romania used foreign currency for a long time. These were Greece’s, Rome’s, and Macedonia’s coins. The Celtic and Thracian currencies were used as well.Read More