Romania Hyperinflation Banknotes

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1,000,000 Lei 2003 Polymer

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This note is the world's highest denomination polymer plastic banknote.

Front: Ion Luca Caragiale (1852 to 1912), noted author, playwright and short story writer

Back: statue of Caragiale and now demolished national theatre formerly in Bucharest

Back to Hyperinflation Banknotes

Romania suffered a period of hyperinflation from 1996-2005. The highest denomination before 1996 was 10,000 Lei. By 2003 it was 1,000,000 Lei. In the 2005 currency reform, 1 Leu was exchanged for 10,000 old Lei. Romania joined the European Union in 2007, and its currency is now pegged to Euro.

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