Catalog
1000 Lei
| Issuer | Banca Nationala a Romaniei |
|---|---|
| Year | 1947 |
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| Value | 1000 Lei |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCA NATIONALA A ROMANIEI GUVERNATOR CASIER CENTRAL 1000 UNA MIE LEI 1000 30 SEPT. 1947 |
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| Reverse lettering | 1000 BANCA NATIONALA A ROMANIEI 1000 UNA MIE LEI FALSIFICATORII ACESTOR BILETE, ACEI CARI VOR FI INTREBUINTAT BILETE FALSE, COMPLICII LOR PRECUM SI ACEI CARI VOR FI INCERCAT A COMITE ASEMENEA FAPTE, VOR FI PEDEPSITI CONFORM LEGILOR PENALE |
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| Comments |
This note was issued in the final, chaotic months of the Romanian monarchy. By late 1947, hyperinflation had so thoroughly destroyed purchasing power that the 1000 Lei denomination — once substantial — had become nearly worthless in daily transactions. The Communist-backed government abolished the monarchy on 30 December 1947, the same year this note circulated.
A monetary reform in August 1947 had already attempted to stabilize the leu by redenominating at 20,000 old lei to 1 new leu, with strict exchange caps that effectively wiped out private savings. Notes of this series caught in that conversion were surrendered in huge quantities and destroyed, which limits surviving population today.