If you are planning a trip to Romania, one essential thing to know is the currency used in the country. Although Romania is a member of the European Union (EU), they have not yet adopted the euro as their official currency. The currency used in Romania is the Romanian leu (RON), which translates to the word “lion” in English. In this guide, we will walk you through everything you need to know about the Romanian currency.

History and Background of Romanian Currency

The Romanian leu has a rich history dating back to its introduction in 1867. Over the years, the currency has gone through various transformations and was even briefly replaced during the communist era. However, since 1992, the leu has been the official currency of Romania, with its symbol being “RON”.

Denominations

The Romanian leu is divided into several different denominations. The banknotes are available in 1, 5, 10, 50, 100, 200, and 500 lei notes. The coins, on the other hand, come in 1, 5, 10, and 50 bani, as well as 1 leu. It is worth noting that the 1 ban (1/100 of a leu) is no longer in circulation, so you will rarely come across it.

Exchange Rate

Before heading to Romania, it’s crucial to check the current exchange rate to understand the value of the Romanian leu compared to your local currency. The exchange rate can fluctuate, so it’s a good idea to keep an eye on any changes. You can easily check the exchange rate online or at currency exchange offices found in most major cities or airports.

Where to Exchange Currency

Speaking of currency exchange, it’s important to know where to exchange your money while in Romania. The best option is to use banks or authorized exchange offices. While hotels may offer this service, they often have less favorable rates. It’s advisable to compare rates and fees before making any exchanges to ensure you’re getting the most favorable rate.

ATMs and Credit Cards

ATMs are widely available in Romania, especially in major cities and tourist areas. You can withdraw local currency directly from ATMs using your debit or credit card. However, it’s a good idea to inform your bank beforehand about your travel plans to avoid any issues with your card being blocked for suspicious activity. Credit cards are generally accepted in larger establishments, but it’s always useful to carry some cash, especially in smaller towns or local establishments where card payment may not be an option.

Now that you are equipped with the knowledge of what currency is used in Romania, you can confidently plan your trip without worrying about currency-related issues. The Romanian leu, with its unique history and denominations, is straightforward to handle, and there are plenty of options for exchanging money. Keep an eye on the exchange rate, use reliable exchange offices, and have some cash handy to ensure a smooth and comfortable experience during your stay in Romania.

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