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10 000 Lei

Issuer Banca Nationala a Romaniei
Year 1999
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Currency Third leu (1952-2005)
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Reverse description The Episcopal Church of Curtea de Arges Monastery is rendered at centre in a detailed architectural vignette, set against a multicolour guilloche underprint. The Wallachian heraldic arms of Prince Constantin Brancoveanu appear at left. The denomination is repeated in numerals and words at upper and lower areas of the note.
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Variants P#108a - watermark vertical
P#108b - watermark vertical and horizontal
Comments

Romania's hyperinflation of the early-to-mid 1990s forced repeated denomination jumps — by 1999, 10,000 lei had become a routine transactional note rather than a high-value one. At the peak of the inflationary spiral in 1993, annual inflation had exceeded 250%; though the rate had moderated by 1999, the accumulated erosion meant notes of this denomination were handling everyday purchases.

The series was eventually rendered obsolete by the 2005 redenomination, when 10,000 old lei became 1 new leu. Most of the paper stock from this period circulated heavily before retirement.

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