As of July 1, 2005, Romania has dropped four zeros from its national currency. Yesterday's 31,000 (old) Romanian lei (ROL) per U.S. dollar now equal 3.10 (new) lei (RON) to one dollar - three lei (lay) and 10 bani (bah-nee).
Both old and new coins and banknotes will be in circulation until December 31, 2006, when the old currency will be withdrawn.
New Lei Denominations:
Banknotes: 1, 5, 10, 50, 100 and 500 lei ,
Coins: 1, 5, 10 and 50 bani pieces.
'Old' Lei Denominations:
Banknotes: 10,000 ; 50,000 ; 100,000 ; 500,000 and 1,000,000 lei
Coins: 1,000 ; 2,000 and 5,000 lei pieces.
For more information or to see samples of Romania's new and old Lei please visit the Website of Romania?s National Bank