BANKNOTES OF MOLDOVA
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History of the Moldovan Leu
The leu is the currency of Moldova. Like the Romanian leu, the Moldovan leu (plurel. lei) is subdivided into 100 bani. The name of the currency originates in Romania and means "lion".
Between 1918 and 1940 and again between 1941 and 1944, when Moldova was part of Romania, the Romanian leu was used also in the eastern part of Moldavia. The Moldovan leu was established on 29 November 1993, following the collapse of the Soviet Union and the creation of the independent Republic of Moldova. It replaced the older cupon currency at a rate of 1 leu = 1000 cupon.
The cupon was the temporary currency of Moldova between 1992 and 1993. It replaced the Soviet ruble at par. Moldovan cupoun banknotes were issued in 50, 200, 1000, and 5000 cupon denominations. No cupon coins were issued.
To date; there have been two series of Moldovan leu banknotes.
The first series was short-lived and only included 1, 5, and 10 lei. The current
second series of banknotes are issued in denominations of 1, 5, 10, 20, 50, 100,
200, 500 and 1000 Lei. Coins are currently issued in
denominations of 1, 5, 10, and 25 bani in aluminum and 50 bani in
aluminum-bronze. 50 bani. Stainless steel1 and 5 leu coins were issued in 1993
but have been withdrawn from circulation. The Moldovan lei's ISO 4217 code is
In Transnistria, an unrecognized break-away republic from Moldova, Transnistrian ruble is used instead.
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Page created: 11 November 2007
Last Update: 11 November 2007
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