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1 Leu COA with crown

Issuer Banca Națională a României
Year 2019-2024
Type Standard circulation banknote
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Obverse lettering BANCA NATIONALA A ROMANIEI 1 1 ianuarie 2018 GUVERNATOR CASIER CENTRAL 1 LEU UN LEU NICOLAE IORGA 1871-1940
(Translation: NATIONAL BANK OF ROMANIA 1 1 January 2018 GOVERNOR GENERAL CASHIER 1 LEU ONE LEU NICOLAE IORGA 1871-1940)
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Protection description Nicolae Iorga & the logo of National Bank of Romania - Banca Națională a României
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Comments

Romania's polymer 1 Leu series began in 2005, making it one of the earlier European adoptions of Guardian substrate outside Australia and the UK. The crown watermark on a polymer note is something of a technical oddity — traditional watermarks are a paper technology, achieved through wire mesh during pulp formation, and cannot be replicated on polymer by the same method. What appears as a watermark here is actually a clear window or voided area engineered into the substrate during manufacture, mimicking the visual effect rather than replicating the process.

The P#117l suffix places this among the later date variants, issued when the 1 Leu retained token rather than transactional value in everyday commerce.