10 Lei

Moldova's Lei series has been printed by the Banque de France since the early 1990s, an arrangement that reflects both the technical limitations of domestic printing capacity after independence and the close cultural proximity to Romania — itself a longtime client of French security printing. The P#22 is the third major revision of the 10 Lei denomination, updated from the P#10 and P#11 predecessors that served through the turbulent devaluation years of the mid-1990s, when the Moldovan Leu lost significant ground against the dollar following the 1998 Russian financial crisis.

The 2015 emission carries a relatively modest security specification for its era — watermark and thread only, without the optically variable ink or color-shifting features found on higher denominations in the same series.