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100 Lei

Issuer Banca Națională a României
Year 1930-1932
Type Standard circulation banknote
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Obverse description A seated allegorical female figure in Romanian national costume occupies the left portion of the note, rendered in fine intaglio engraving against a landscape vignette at centre. Four large circular guilloche watermark windows are positioned at the corners, while the denomination "UNA SUTA LEI" appears in bold letterpress across the lower margin. The bank title, date, and two manuscript signatures for the Governor and Central Cashier are set within a central panel framed by an elaborate ornamental border.
Obverse lettering BANCA NATIONALA A ROMANIEI 16 Octombrie 1930 GUVERNATOR CASIER CENTRAL UNA SUTA LEI GEORGES DUVAL fec. L. RUFFE sc.
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Comments

Romania's interwar banking relationship with France ran deep — the Banque de France printed the kingdom's higher denominations through much of this period, a practical arrangement rooted in both technical capacity and political alignment with Paris following the post-WWI reorganization of Romanian territory. The Duval–Ruffe pairing was a prestige assignment; Ruffe in particular was among the most accomplished intaglio engravers working in Europe at the time, and his work shows in the fineness of line typical of French state printing during the period.

The series spans 1930–1932, reflecting Romania's issuing needs during a period of acute financial instability — the global depression hit Romanian agriculture hard, and the National Bank was managing significant pressure on the leu.

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