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Economy and Finance

Romania and the euro

Romania joined the European Union on 1 January 2007 and has committed to adopt the euro once it fulfils the necessary conditions.

Status

Romania is not yet a member of the euro area. The leu has not yet joined the Exchange Rate Mechanism (ERM II).

Exchange rate

The current euro to leu foreign exchange reference rate can be consulted on the website of the European Central Bank (updated daily).

Adoption of the euro

Romania has set 2024 as its target year to adopt the euro.

Institutions