Casinos supporting Romanian Leu Currency
The Romanian leu, plural form lei (code RON), is the official currency of Romania. Money is divided by 100 bani, which is the Romanian word for money. Both lei coins and banknotes are utilized for monetary transactions.
Romanian lei go back several centuries. The first series of lei were released in 1870 by The Ottoman Empire and equalled approximately five grams of silver. Lei were connected to the U.S. exchange rate until the 1930s. During their alliance with Germany in the period of World War Two, Romanian lei were connected with German currency.
Since its inception, Romanian lei have gone through a series of stable and volatile struggles. It took several years after World War II to re-establish the value of lei in the new era of Communist rule. At the fall of the Soviet-based government the leu destabilized once again. The 2000s have seen growth and continued stability of lei.
As of this writing, one Romanian leu is equal to 25 cents of a U.S. Dollar and has remained steady since the start of the 2010s.