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Numismatics Channel's video: 5000 Romanian Lei Banknote Five Thousand Lei Romania: 1993 Obverse Reverse

@5000 Romanian Lei Banknote (Five Thousand Lei Romania: 1993) Obverse & Reverse
5000 Romanian Lei Banknote (Five Thousand Lei Romania: 1993) Obverse & Reverse. Cinci Mii Lei - 5000 L - Banca Naţională a României / 1993 Size: 172 × 76 [mm] Color: Violet-Blue-Green Printing technology: offset Romania Banknotes: Pick-104 Obverse: Avram Iancu - Transylvanian Romanian lawyer who played an important role in the local chapter of the Austrian Empire Revolutions of 1848–1849. Reverse: Densuş Church, Dacian Draco, Gate of Alba Iulia Citadel. Date of issue: May 1993. Year of withdrawal: 1999. Romanian Currency - Value 5000 L Issued by: National Bank of Romania (Banca Naţională a României). printer: NBR Security features against counterfeiting: Shadow image ("watermark"), Security thread. Symbol: L RON Subunit: 1/100 - ban Remark: ------------------------------------------------------------ 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.

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This video was published on 2016-10-23 18:49:44 GMT by @Numismatics-Channel on Youtube. Numismatics Channel has total 3.5K subscribers on Youtube and has a total of 161 video.This video has received 16 Likes which are lower than the average likes that Numismatics Channel gets . @Numismatics-Channel receives an average views of 7K per video on Youtube.This video has received 19 comments which are higher than the average comments that Numismatics Channel gets . Overall the views for this video was lower than the average for the profile.

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