The румынский лей is the official currency of Румыния, abbreviated as RON. It is subdivided into 100 bani. The currency symbol is "lei," and it has been in use since 1867, undergoing several changes and reforms over the years. The румынский лей is issued by the Национальный банк Румынии (National Bank of Romania). It is used for all transactions within the country, including retail purchases and services. The currency is also important for international trade and is sometimes exchanged for other currencies in financial markets.