About Romanian New Leu ( RON )
The RON - Romanian Leu - is the official currency of the Romania in Europe. There are 100 bani in each 1 LEU ( its sub-unit ). The symbol for RON is LEU. In 2005, Romania underwent a currency reform, switching from the previous leu (ROL) to a new leu (RON). 1 RON is equal to 10,000 ROL. Romania joined the European Union on 1 January 2007 and it is expected to adopt the euro in 2014.