Romanian Leu
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Romanian Leu
The Romanian leu (, plural lei ; ISO code: RON; numeric code: 946) is the currency of Romania. It is subdivided into 100 (, singular: ), a word that means "money" in Romanian. Etymology The name of the currency means "lion", and is derived from the Dutch thaler ( "lion thaler/dollar"). The Dutch ''leeuwendaalder'' was imitated in several German and Italian cities. These coins circulated in Romania, Moldova and Bulgaria and gave their name to their respective currencies: the ''Romanian leu'', the 'Moldovan leu'' and the ''Bulgarian lev''. History First leu: 1867–1947 In 1860, the Domnitor Alexandru Ioan Cuza attempted to create a national ''românul'' ("the Romanian") and the ''romanat''; however, the project was not approved by the Ottoman Empire. On 22 April 1867, a bimetallic currency was adopted, with the leu equal to 5 grams of 83.5% silver or 0.29032 grams of gold. The first leu coin was minted in Romania in 1870. Before 1878 the silver Imperial ...
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Ten Bani
The ten-bani coin is a coin of the Romanian leu. It was reintroduced on 1 July 2005 and is the second-largest denomination coin in Romania. In addition to Romania, it has been minted in the United Kingdom (1867), Belgium (1900, 1905-1906), Germany (1906) and Russia (1952). History Principality of Romania The first ten-bani coin was struck in 1867 by two different mints in Birmingham, England: Birmingham Mint, Heaton and Watt & Co. The coin measured 30mm in diameter and weighed 10g. It was composed of 95% copper, 4% tin and 1% zinc. The obverse featured the name of the country and its coat of arms. The reverse featured the denomination within a laurel branch and oak branch. The denomination within the wreath read ''10 BANI'' and 1867. Each mint struck 12.5 million of the coin. Watt & Co. used the mintmark ''WATT & Co'' below the wreath while Heaton used one of ''HEATON''. The coins entered circulation on 1 January 1868. Kingdom of Romania A second ten-bani coin was struck only i ...
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Thaler
A thaler (; also taler, from german: Taler) is one of the large silver coins minted in the states and territories of the Holy Roman Empire and the Habsburg monarchy during the Early Modern period. A ''thaler'' size silver coin has a diameter of about and a weight of about 25 to 30 grams (roughly 1 ounce). The word is shortened from ''Joachimsthaler'', the original ''thaler'' coin minted in Joachimstal, Bohemia, from 1520. While the first standard coin of the Holy Roman Empire was the ''Guldengroschen'' of 1524, its longest-lived coin was the ''Reichsthaler (Reichstaler)'', which contained Cologne Mark of fine silver (or 25.984 g), and which was issued in various versions from 1566 to 1875. From the 17th century a lesser-valued ''North German thaler'' currency unit emerged, which by the 19th century became par with the ''Vereinsthaler''. The ''thaler'' silver coin type continued to be minted until the 20th century in the form of the Mexican peso until 1914, the five S ...
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Ottoman Turkish Pound
The lira (sign: LT) was the currency of Ottoman Empire between 1844 when it was replaced by the Turkish lira. The Ottoman lira remained in circulation until the end of 1927, as the republic was not in a position to issue its own banknotes yet in its early years. The Ottoman lira replaced the piastre ("kuruş" in Turkish) as the principal unit of currency in the Ottoman Empire, with the piastre continuing to circulate as a subdivision of the lira, with 100 piastres = 1 lira. The para also continued to be used, with 40 para = 1 piastre. Until the 1930s, the Arabic script was used on Turkish coins and banknotes, with پاره for para, غروش for kuruş and ليرا for lira (تورك ليراسي for "Turkish lira"). In European languages, the kuruş was known as the piastre, whilst the lira was known as the "livre" in French and the "pound" in English. English-language publications used "£T" as the sign for the currency, but it is unknown whether it was ever used natively. Be ...
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Silver
Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of th ...
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Gold Standard
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Sir Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the world's leading financ ...
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Latin Monetary Union
The Latin Monetary Union (LMU) was a 19th-century system that unified several European currencies into a single currency that could be used in all member states when most national currencies were still made out of gold and silver. It was established in 1865 and disbanded in 1927. Many countries minted coins according to the LMU standard even though they did not formally accede to the LMU treaty. History Preliminary context The LMU adopted the specifications of the French gold franc, which had been introduced by Napoleon I in 1803 and was struck in denominations of 5, 10, 20, 40, 50 and 100 francs, with the 20 franc coin ( of .900 fine gold struck on a planchet) being the most common. In the French system the gold franc was interchangeable with the silver franc based on an exchange ratio of 1:15.5, which was the approximate relative value of the two metals at the time of the law of 1803. Initial treaty By treaty dated 23 December 1865, France, Belgium, Italy, and Switzerland fo ...
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Rouble
The ruble (American English) or rouble (Commonwealth English) (; rus, рубль, p=rublʲ) is the currency unit of Belarus and Russia. Historically, it was the currency of the Russian Empire and of the Soviet Union. , currencies named ''ruble'' in circulation include the Belarusian ruble (BYN, Rbl) in Belarus and the Russian ruble (RUB, ₽) in Russia. Additionally, the Transnistrian ruble is used in Transnistria, an unrecognized breakaway province of Moldova. These currencies are subdivided into one hundred kopeks. No kopek is currently formally subdivided, although ''denga'' (½ kopek) and ''polushka'' (½ denga, thus ¼ kopek) were minted until the 19th century. Historically, the grivna, ruble and denga were used in Russia as measurements of weight. In 1704, as a result of monetary reforms by Peter the Great, the ruble became the first decimal currency. The silver ruble was used until 1897 and the gold ruble was used until 1917. The Soviet ruble officially replaced t ...
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Alexandru Ioan Cuza
Alexandru Ioan Cuza (, or Alexandru Ioan I, also anglicised as Alexander John Cuza; 20 March 1820 – 15 May 1873) was the first ''domnitor'' (Ruler) of the Romanian Principalities through his double election as prince of Moldavia on 5 January 1859 and prince of Wallachia on 24 January 1859, which resulted in the unification of both states. He was a prominent figure of the Revolution of 1848 in Moldavia. Following his double election, he initiated a series of reforms that contributed to the modernization of Romanian society and of state structures. As ruler of the Romanian Principalities, he supported a political and diplomatic activity for the recognition of the union of Moldavia and Wallachia by the suzerain Ottoman Empire and achieved constitutional and administrative unity between Moldavia and Wallachia in 1862, when the Romanian Principalities officially adopted the name ''Romanian United Principalities'' with a single capital at Bucharest, a single national assembly and ...
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Domnitor
''Domnitor'' (Romanian pl. ''Domnitori'') was the official title of the ruler of Romania between 1862 and 1881. It was usually translated as "prince" in other languages and less often as "grand duke". Derived from the Romanian word "''domn''" (''lord'' or ''ruler'') and, in turn, from the Latin "Dominus", ''Domnitor'' had been in use since the Middle Ages. Moldavian and Wallachian rulers had sometimes been referred to by the term, though their official titles had been ''voievod'' or ''hospodar'', especially after they were officially nominated by the Sultans of the Ottoman Empire. The title acquired an officially recognized meaning only after Moldavia and Wallachia united in 1862 to form the United Romanian Principalities under Alexander John I, who had been the ruler of states since 1859, when they united to form modern Romania. Alexander John was deposed in 1866 and succeeded by Carol I, who held the post until 1881. When Romania was proclaimed a kingdom in 1881, Carol ...
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Romania 500 Lei Banknote Of 1936, King Carol II Of Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly temperate-continental climate, and an area of , with a population of around 19 million. Romania is the twelfth-largest country in Europe and the sixth-most populous member state of the European Union. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Romania from the north to the southwest, include Moldoveanu Peak, at an altitude of . Settlement in what is now Romania began in the Lower Paleolithic, with w ...
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1883 5lei Romania
Events January–March * January 4 – ''Life'' magazine is founded in Los Angeles, California, United States. * January 10 – A fire at the Newhall Hotel in Milwaukee, Wisconsin, United States, kills 73 people. * January 16 – The Pendleton Civil Service Reform Act, establishing the United States civil service, is passed. * January 19 – The first electric lighting system employing overhead wires begins service in Roselle, New Jersey, United States, installed by Thomas Edison. * February – ''The Adventures of Pinocchio'' by Carlo Collodi is first published complete in book form, in Italy. * February 15 – Tokyo Electrical Lightning Grid, predecessor of Tokyo Electrical Power (TEPCO), one of the largest electrical grids in Asia and the world, is founded in Japan. * February 16 – The ''Ladies' Home Journal'' is published for the first time, in the United States. * February 23 – Alabama becomes the first U.S. state to enac ...
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1870 20 Lei
Year 187 ( CLXXXVII) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Quintius and Aelianus (or, less frequently, year 940 ''Ab urbe condita''). The denomination 187 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Septimius Severus marries Julia Domna (age 17), a Syrian princess, at Lugdunum (modern-day Lyon). She is the youngest daughter of high-priest Julius Bassianus – a descendant of the Royal House of Emesa. Her elder sister is Julia Maesa. * Clodius Albinus defeats the Chatti, a highly organized German tribe that controlled the area that includes the Black Forest. By topic Religion * Olympianus succeeds Pertinax as bishop of Byzantium (until 198). Births * Cao Pi, Chinese emperor of the Cao Wei state (d. 226) * Gu ...
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