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January 27, 2022
ECONOMY FINANCE&BANKING

Ecaterina Teodoroiu, first woman officer of the Romanian Army, chosen to face the 20 RON banknote

Ecaterina Teodoroiu is the first woman officer of the Romanian Army, and this is one of the reasons for which she was chosen for the 20 RON banknote, explained, on Friday, the Governor of the National Bank of Romania (BNR), Mugur Isarescu, during a press conference.

“The choice of Ecaterina Teodoroiu for the 20 RON banknote with power of circulation was founded on several criteria. Firstly she was the first woman officer in the Romanian Army. In this way we honor and bring homage to the Romanian Army and we have one more opportunity to bring to memory the Great War for Unification. The second reason is the fact that she, Ecaterina Teodoroiu, embodies, through her exemplary destiny, the power and sacrifice that women have shown and continue to show in our society. And finally, a third group of reasons, we answered in this way to the public interest which found wide support at the level of Romanian society in the promotion and consolidation of gender equality and the major role of feminine personalities in Romanian history and society,” said Mugur Isarescu, at the conference presenting the 20 RON banknote.

The BNR Governor said this is the first Romanian banknote in circulation which has the figure of a feminine character of our history imprinted. Another objective marked by the entry into circulation of the 20 RON bill is represented by the resumption of a tradition in the history of Romanian banknotes. Furthermore, it completes the series of banknotes in circulation with a nominal amount of 20 RON. Thus, convergence is achieved with the structure of euro bills, the nominal value of 20 being the only one not transposed in Romanian currency.

Mugur Isarescu said that in the iconography of banknotes that BNR has put into circulation along the years there have been feminine figures represented, but not real historical figures, but symbolic or allegoric feminine representations. There was one exception, in 2018, on the occasion of the 100th anniversary of the Great Union, the National Bank of Romania launched a collectors’ banknote that had imprinted, for the first time, the portrait of a historical female figure, Queen Maria, represented together with King Ferdinand I. The banknote was, however, a numismatic product destined for collection, with limited issue.

He also referenced the replica, on polymer support, made after the first 20 RON bill issued by the National Bank of Romania in 1881, mentioning that this year marks 140 years since the printing of the first 20 RON banknote in Romania. According to the Governor, on January 19, 1881, the General Council of the BNR decided to issue the 20 RON bill, with a run of 100,000 notes, Agerpres reports.

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