Romania Travel Guide - Money

New Leu (RON; symbol (plural) Lei) = 100 bani. Notes are in denominations of Lei500, 100, 50, 10, 5 and 1. Coins are in denominations of Bani50, 10, 5 and 1. (Old notes were in denominations of Lei1,000,000, 500,000, 100,000, 50,000 and 10,000 and coins in denominations of Lei5,000, 1,000, 500 and 100.)

Note: As of December 2006, the old Leu is no longer legal tender. Previously coded as ROL, it has been redenominated so that Lei10,000 are exchanged for 1 new Leu (RON).

It is recommended that visitors bring Euros, as these can be easily exchanged by shops, restaurants and hotels. Pounds Sterling can be easily exchanged in most resorts. All hard foreign currencies can be exchanged at banks, larger hotels and airports and at authorised exchange offices (Birou de Schimb Valutar). Rates can vary from one place to another, so visitors are advised to shop around for the best rate of exchange. Exchanges on the black market are made frequently, but visitors are advised to exchange money through proper exchange channels and to receive a currency exchange receipt, as certain services require visitors to show the receipt as proof of having made at least one financial transaction.

The use of credit cards is growing. American Express, Diners Club, MasterCard and Visa are accepted by large hotels, car hire firms and some restaurants and shops. ATMs (bancomat) accepting MasterCard and Visa can be found in main banks, airports and shopping centres but should not be relied upon as a sole source of cash.

Like credit and debit cards, these are usually only useful in hotels and for obtaining cash at the bank or selected exchange offices. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Euros.

Restrictions apply.

Mon-Fri 0900-1300.