Numismatics Channel's video: 50 000 Romanian Lei Banknote Fifty Thousand Lei Romania: 1996 Obverse Reverse

50,000 Romanian Lei Banknote (Fifty Thousand Lei Romania: 1996) Obverse & Reverse of Polymer Banknote. Lei Cincizeci Mii - 50,000 L - Banca Naţională a României / 1996 Size: 155 × 70 mm [mm] Color: Purple-Blue-Violet Printing technology: offset on polymer Romania Banknotes: Pick-109 Obverse: Portrait of the composer George Enescu (1881 - 1955), Carnation, irregular shape with safety features. Reverse: The Sphinx of Bucegi Mountains, A fragment of musical chord (notes, score, notation) from Enescu's opera "King Oedipus". Date of issue: October 1996. Date of withdrawal: 16 December 2002. Romanian Currency - Value 50,000 L Issued by: National Bank of Romania (Banca Naţională a României). printer: NBR Security features against counterfeiting: Transparent window, Shadow image ("watermark"), Security thread, Perfect register, Iridescent stripe, Microtext, UV print. Transparent window shape: irregular shape. Symbol: L RON Remark: This banknote is made from polymer substrate. ------------------------------------------------------------ Third leu (ROL): 1952-2005 In the post-communist period, there has been a switch in the material used for banknotes and coins. Banknotes have switched from special paper to special plastic, while coins switched from aluminum to more common coin alloys (probably partly due to technical limitations of coin-operated vending machines). The transition has been gradual for both, but much faster for the banknotes which are currently all made of plastic. There has been a period in which all banknotes were made of plastic and all coins were made of aluminum, a very distinctive combination. In the 1990s, after the downfall of communism, inflation ran high due to reform failures, the legalization of owning foreign currency in 1990, reaching rates as high as 300% per year in 1993. By September 2003, one euro was exchanged for more than 40,000 lei, this being its peak value. Following a number of successful monetary policies in the late 1990s and early 2000s, the situation became gradually more stable, with one digit inflation in 2005. The Romanian leu was briefly the world's least valued currency unit, from January (when the Turkish lira dropped six zeros) to July 2005. However, the 1,000,000 lei bill was not the highest Romanian denomination ever. This distinction belongs to the 5 million lei bill from 1947.