2007140 Years Since the Establishment of the Modern Romanian Monetary System - Souvenir Sheet

Romfilatelia, the company specialized in editing and trading Romanian postage stamps introduces into circulation the stamp issue 140 years since the establishment of the Modern Romanian Monetary System. During the first half of the 19th century, on the territory of present day Romania, currency flow was made up of a large variety of coins, out of which the most well known were the French napoleon, the pound sterling, the Austrian ducat, the Ottoman lira, along with other different Turkish, Austrian, and Russian coins. The presence of such a large number of coins - more than 80 - on the territory of Moldavia and the Romanian Country in the middle of the 19th century has brought about projects for the development of a new integrated national monetary system.

The first attempts to set the foundation of a national monetary system were brought about by the ruler Alexandru Ioan Cuza. Cuza’s efforts finally showed up during the last year of his reign.