RON
Business & Finance abbreviation · Currency
| Stands for | Romanian leu |
|---|---|
| Categories | Business & Finance |
RON stands for Romanian leu, a currency abbreviation.
Romania's currency, issued by the National Bank of Romania and divided into 100 bani. The current "new leu" was introduced in 2005, with 10,000 old lei becoming one new leu.
Example: The Bucharest taxi ride cost RON 35.
Usage notes
Leu means "lion", after Dutch lion thalers that circulated in the region. Romania began issuing polymer banknotes in 1999, among the first in Europe. Moldova has its own leu, coded MDL. The plural is lei.