My best translation Japanese Imperial Era name Reiwa 令和

BBC：order and harmony Reuter、NY Times：order or command and peace or harmony JAPAN Times：fortunate and peace or harmony AFP：order or auspicious and peace or harmony Gardien：decree and peace

On Japanese twitter  : Auspicium et Serenissium, Cool Japan

令 The symbol made from kneeling Sharman who hearing the oracle.

https://www.u-presscenter.jp/item/c39097783dd242d4299af0638c22ea18_3.pdf

There are some Kanji that have "rei" sound  "麗"( beauty ) 礼( discipline ).
I think most of Japanese feel "cool beauty" with the sound "rei".

和 means peace, harmorny, Japan

So I take this opinion.

https://twitter.com/rennstars/status/1112665995133382656?s=21

Auspicium et Serenissium = 令和