%3Cspan style%3D%22font-family%3Aarial%2Clucida grande%2Ctahoma%2Cverdana%2Carial%2Csans-serif%3B font-size%3A12px%22%3EComposition Brass plated steel%3C/span%3E%3Cbr /%3E%0A%3Cspan style%3D%22font-family%3Aarial%2Clucida grande%2Ctahoma%2Cverdana%2Carial%2Csans-serif%3B font-size%3A12px%22%3EYear 2007%3C/span%3E%3Cbr /%3E%0A%3Cbr /%3E%0A%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3EThe%26nbsp%3B%3C/span%3E%3Cstrong%3Eleu%3C/strong%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%26nbsp%3B%28%3C/span%3E%3Csmall%3ERomanian pronunciation%3A%26nbsp%3B%3C/small%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%5Blew%5D%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%2C plural%26nbsp%3B%3C/span%3E%3Cstrong%3Elei%3C/strong%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%5Blej%5D%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%3B%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-family%3Aarial%2Clucida grande%2Ctahoma%2Cverdana%2Carial%2Csans-serif%3B font-size%3A12px%22%3EISO 4217%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%26nbsp%3Bcode RON%3B numeric code 946%29 is the currency of%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-family%3Aarial%2Clucida grande%2Ctahoma%2Cverdana%2Carial%2Csans-serif%3B font-size%3A12px%22%3ERomania%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E. It is subdivided into 100%26nbsp%3B%3C/span%3E%3Cem%3Ebani%3C/em%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%26nbsp%3B%28singular%3A%26nbsp%3B%3C/span%3E%3Cem%3Eban%3C/em%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%29. The name of the currency means %26quot%3Blion%26quot%3B. On 1 July 2005%2C Romania underwent a currency reform%2C switching from the previous leu %28ROL%29 to a new leu %28RON%29. 1 RON is equal to 10%2C000 ROL.%3C/span%3E%3Cbr /%3E%0A%3Cbr /%3E%0A%3Cbr /%3E%0A%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3EIn 2005%2C polymer notes were introduced for 1%2C 5%2C 10%2C 50%2C 100 and 500 lei. 200 lei notes were added in 2006. The designs of the 1%2C 5%2C 10%2C 50 and 100 lei notes are based on those of the earlier 10%2C000%2C 50%2C000%2C 100%2C000%2C 500%2C000 and 1 million lei notes which they replaced. The 10 lei bill was redesigned in November 2008 %28most of the graphic elements are identical%2C some of the safety elements were changed%2C making its safety features similar to the lower values of 1 leu and 5 lei notes%29.%3Cbr /%3E%0A%3Cbr /%3E%0AThe%26nbsp%3B%3C/span%3E%3Cstrong%3ERomanian one-ban coin%3C/strong%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%26nbsp%3Bis a unit of currency equalling one one-hundredth of a%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-family%3Aarial%2Clucida grande%2Ctahoma%2Cverdana%2Carial%2Csans-serif%3B font-size%3A12px%22%3ERomanian leu%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E. It is the lowest-denomination coin of the present currency and has been minted every year since the leu was redenominated in 2005. As well as Romania%2C the coin has been minted in the%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-family%3Aarial%2Clucida grande%2Ctahoma%2Cverdana%2Carial%2Csans-serif%3B font-size%3A12px%22%3EUnited Kingdom%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%26nbsp%3B%281867%29%2C%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-family%3Aarial%2Clucida grande%2Ctahoma%2Cverdana%2Carial%2Csans-serif%3B font-size%3A12px%22%3EGermany%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%26nbsp%3B%281900%29 and%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-family%3Aarial%2Clucida grande%2Ctahoma%2Cverdana%2Carial%2Csans-serif%3B font-size%3A12px%22%3ERussia%3C/span%3E%3Cspan style%3D%22font-family%3Asans-serif%3B font-size%3A13px%22%3E%26nbsp%3B%281952%29.%3C/span%3E%0A%3Cdiv%3E%26nbsp%3B%3C/div%3E%0A%0A%3Cdiv%3E%0A%3Ch3%3EPrincipality%3C/h3%3E%0A%0A%3Ch3%3E%3Cspan style%3D%22font-size%3A13px%22%3EThe first one-ban coin was struck in 1867 by two different mints in%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3EBirmingham%3Cspan style%3D%22font-size%3A13px%22%3E%2C%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3EEngland%3Cspan style%3D%22font-size%3A13px%22%3E%3A%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3EHeaton%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3Eand Watt %26amp%3B Co. The coin measured 15mm in diameter and weighed 1g. It was composed of 95%25%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3Ecopper%3Cspan style%3D%22font-size%3A13px%22%3E%2C 4%25%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3Etin%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3Eand 1%25%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3Ezinc%3Cspan style%3D%22font-size%3A13px%22%3E. The obverse featured the name of the country and its coat of arms. The reverse featured the denomination within a laurel branch and oak%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3Ebranch%3Cspan style%3D%22font-size%3A13px%22%3E. The denomination within the wreath read%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cem%3E1 BANU%3C/em%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3Eand 1867. The short %26%2339%3Bu%26%2339%3B sound at the end of Romanian words was common in pronunciation%2C but was made obsolete in 1904 by the %26%2339%3BRegule ortografice%26%2339%3B %28spelling regulations%29%2C printed by the%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3ERomanian Academy%3Cspan style%3D%22font-size%3A13px%22%3E. Each mint struck 2.5 million of the coin. Watt %26amp%3B Co. used the%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3Emintmark%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cem%3EWATT %26amp%3B C%3C/em%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3Ebelow the wreath while Heaton used a%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cem%3EH%3C/em%3E%3Cspan style%3D%22font-size%3A13px%22%3E. While their other Romanian coins in 1867 used their full name%2C space was a constraint on the 1 banu. The coins entered circulation on 1 January 1868.%3C/span%3E%3C/h3%3E%0A%3C/div%3E%0A%0A%3Cdiv%3E%0A%3Ch3%3EKingdom%3C/h3%3E%0A%0A%3Ch3%3E%3Cspan style%3D%22font-size%3A13px%22%3EThe first one-ban coin to feature the Romanian monarch was minted in 1900 and featured on its obverse King%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3ECarol I%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3Eand the national coat of arms on the reverse. It retained the dimensions and composition of the 1867 coin. The King%26%2339%3Bs inscription read%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cem%3ECAROL I REGE AL ROMANIEI%3C/em%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%28King of the Romanians%29. Below his head was the name%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cem%3EKULLRICH%3C/em%3E%3Cspan style%3D%22font-size%3A13px%22%3E%2C the surname of the engraver. On the reverse%2C the date was split across each side of the coat of arms. Below the coat of arms on the right was an ear of wheat%2C while on the left was the mintmark B. Although representing the Romanian capital%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3EBucharest%3Cspan style%3D%22font-size%3A13px%22%3E%2C the 20 million of this coins from 1900 were minted in%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3EHamburg%3Cspan style%3D%22font-size%3A13px%22%3E%2C%3C/span%3EGermany%3Cspan style%3D%22font-size%3A13px%22%3E.%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3ENo 1 ban coins were minted in any other years of the%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3EKingdom of Romania%3Cspan style%3D%22font-size%3A13px%22%3E%26nbsp%3B%3C/span%3E%3Cspan style%3D%22font-size%3A13px%22%3Edue to inflation.%3C/span%3E%3C/h3%3E%0A%3C/div%3E%0A%0A%3Cdiv%3E%26nbsp%3B%3C/div%3E%0A%0A%3Cdiv%3E%0A%3Ch3%3ECommunism%3C/h3%3E%0A%0A%3Ch3%3E%3Cspan style%3D%22font-size%3A13px%22%3EThe denomination returned in 1952 under%26nbsp%3Bcommunist%26nbsp%3Brule%2C after a monetary reform on 28 January of that year. Its dimensions and mass remained the same as in 1867 and 1900%2C although the composition changed to 95%25 copper and 5%25%26nbsp%3Baluminium. The coin featured Romania%26%2339%3Bs communist coat of arms on the obverse. The reverse featured the denomination and year in plain type.%26nbsp%3BThe coin was minted at Moscow Mint in Soviet%26nbsp%3BRussia%26nbsp%3Band 67.4 million were issued.%26nbsp%3BThe next year a star was placed above the coat of arms%2C akin to other communist nations. For 1953%2C 8 million of the coin were issued from Bucharest%2C but after 15.3 million in 1954%3C/span%3E%3Cspan style%3D%22font-size%3A11px%22%3E%26nbsp%3B%3C/span%3Ethe denomination was again demonetised.%3C/h3%3E%0A%3C/div%3E%0A%0A%3Cdiv%3E%26nbsp%3B%3C/div%3E%0A%0A%3Cdiv%3E%0A%3Ch3%3EAfter 1989%3C/h3%3E%0A%0A%3Ch3%3E%3Cspan style%3D%22font-size%3A13px%22%3EOn 1 July 2005 the leu was redenominated%2C with 10%2C000 old leu becoming equal to one new leu. Thus%2C the new 1 ban coin was equivalent to 100 old lei%2C a denomination which had been demonetised in 1996.%3C/span%3E%3Cspan style%3D%22font-size%3A11px%22%3E%26nbsp%3B%3C/span%3EThe one-ban coins were sold to large shops in rolls of fifty.%3C/h3%3E%0A%0A%3Cp%3ETwo version of the new 1 ban coin exist%2C the first being 0.05mm wider in diameter.The first issues of all of Romania%26%2339%3Bs new coins were of a different diameter to the present%2C but none by more than 0.15mm.%3C/p%3E%0A%3C/div%3E%0A