What currency do Romanians use?

Romania, a country rich in history and culture, is known for its beautiful landscapes, vibrant cities, and warm-hearted people. If you are planning a visit to this Eastern European gem, one of the first things you might wonder is: What currency do Romanians use?

Romania’s official currency is the Romanian leu (plural: lei). The leu is abbreviated as RON, derived from the term “Romanian New Leu.” The currency underwent a major currency reform in 2005, resulting in the introduction of the “new leu” as a replacement for the old currency.

FAQs about Romania’s currency:

1. Can I use the euro to pay in Romania?

While Romania is a member of the European Union, it has not yet adopted the euro as its official currency. Therefore, it is not widely accepted in most establishments. It is advisable to exchange your euros for Romanian lei.

2. Where can I exchange currency in Romania?

Currency exchange offices, commonly referred to as “casa de schimb valutar,” are plentiful in Romania. They are usually found in major cities, airports, train stations, and tourist areas. Banks also provide currency exchange services.

3. Are credit cards widely accepted in Romania?

Credit cards, such as Visa and Mastercard, are widely accepted in Romania, particularly in larger cities and tourist destinations. However, it is recommended to carry some cash, as smaller establishments and rural areas may only accept cash payments.

4. Can I withdraw money from ATMs in Romania?

ATMs are widely available throughout Romania, and most of them accept international cards. However, it is advisable to inform your bank about your travel plans to avoid any potential issues when using ATMs abroad.

5. Are there any restrictions on bringing currency into Romania?

There are no restrictions on bringing currency into Romania, whether in the form of cash or traveler’s checks. However, amounts exceeding 10,000 euros or the equivalent in another currency must be declared upon arrival.

6. Can I exchange Romanian lei back to my local currency?

Yes, you can exchange your remaining Romanian lei back to your local currency at currency exchange offices or banks. It is advisable to keep your exchange receipts to avoid any issues during the transaction.

7. What are the most common denominations of Romanian lei?

Romanian lei banknotes come in denominations of 1, 5, 10, 50, 100, 200, and 500 lei. Coins are available in denominations of 1, 5, 10, and 50 bani, as well as 1 leu.

8. Is tipping customary in Romania?

Tipping in Romania is customary, especially in restaurants, bars, and hotels. A gratuity of 10-15% of the total bill is generally appreciated.

9. Can I use foreign currencies in tourist areas?

In some tourist areas, such as hotels or large retailers, foreign currencies may be accepted. However, it is always advisable to have Romanian lei for day-to-day transactions.

10. Are there any counterfeit currency concerns?

While it is always wise to be cautious, incidents related to counterfeit currency in Romania are rare. However, it is recommended to exchange money at authorized currency exchange offices or banks.

11. Can I use contactless payment methods in Romania?

Yes, contactless payment methods, such as mobile payment apps or contactless cards, are becoming increasingly popular in Romania. Many establishments, especially in urban areas, accept contactless payments.

12. Are there any fees for currency exchange in Romania?

Banks and currency exchange offices may charge a small commission or fee for currency exchange services. It is advisable to compare rates and fees before making any exchanges to ensure you get the most favorable rates.

In conclusion, the currency used in Romania is the Romanian leu (RON). While credit cards are widely accepted, it is recommended to carry some cash for smaller establishments and rural areas. Currency exchange services are available throughout the country, including banks and currency exchange offices. By familiarizing yourself with the local currency, you can ensure a smooth and enjoyable experience during your visit to Romania.

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