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Numismatics Channel's video: 2000 Romanian Lei Banknote Two Thousand Lei Romania: 1999 Obverse Reverse

@2000 Romanian Lei Banknote (Two Thousand Lei Romania: 1999) Obverse & Reverse
2000 Romanian Lei Banknote (Two Thousand Lei Romania: 1999) Obverse & Reverse of Polymer Banknote. Lei Doua Mii - 2000 L - Banca Naţională a României / 1999 Size: 143 × 63 [mm] Color: Light Blue-Red-Yellow Printing technology: offset on polymer Romania Banknotes: Pick-111 Obverse: Romanian flag within map outline of Romania. On the map, the area and the cities are marked, where the eclipse was the most visible. Reverse: Romanian coat of arms, Simplified Solar System and Solar eclipse of August 11, 1999. Watermark: BNR logo. Date of issue: 2 August 1999. Date of withdrawal: 1 November 2004. Signatures: Mugur Constantin Isarescu (Governor). Romanian Currency - Value 2000 L Issued by: National Bank of Romania (Banca Naţională a României). Printer: Note Printing Australia. 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 Texts: Banca Nationala a Romaniei. Doua Mii Lei; Two Thousand Leu. Falsificarea acestor bilete se pedepseste conform legilor. Eclipsa Totala de Soare 11 August 1999. Remark: This banknote is made from polymer substrate. On the occasion of the Total Eclipse of the Sun (11th August 1999) and Entering the New Millennium, the National Bank of Romania issued the Lei 2000 note, the first polymer-based note in Europe and in the northern hemisphere. ------------------------------------------------------------ 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 2016-10-26 03:15:35 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 84 Likes which are higher than the average likes that Numismatics Channel gets . @Numismatics-Channel receives an average views of 7K per video on Youtube.This video has received 23 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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