Romanian leu

The Romanian leu is the currency of Romania (RO)
1 RON = 0.333 AUD
1 AUD = 3.003 RON
1 RON = 186.403 ARS
1 ARS = 0.005 RON
1 RON = 627.963 BIF
1 BIF = 0.002 RON
1 RON = 0.083 BHD
1 BHD = 12.078 RON
1 RON = 1.517 BOB
1 BOB = 0.659 RON
1 RON = 0.373 AZN
1 AZN = 2.678 RON
1 RON = 18.178 BTN
1 BTN = 0.055 RON
1 RON = 112.336 CRC
1 CRC = 0.009 RON
1 RON = 5.091 CZK
1 CZK = 0.196 RON
1 RON = 1.577 CNY
1 CNY = 0.634 RON
1 RON = 1.501 DKK
1 DKK = 0.666 RON
1 RON = 12.468 ETB
1 ETB = 0.080 RON
1 RON = 1887.561 GNF
1 GNF = 0.001 RON
1 RON = 1.517 HRK
1 HRK = 0.659 RON
1 RON = 3413.751 IDR
1 IDR = 0.000 RON
1 RON = 34.087 JMD
1 JMD = 0.029 RON
1 RON = 19.644 KGS
1 KGS = 0.051 RON
1 RON = 0.393 BAM
1 BAM = 2.546 RON
1 RON = 0.396 ANG
1 ANG = 2.527 RON
1 RON = 2.980 BWP
1 BWP = 0.336 RON
1 RON = 0.292 BND
1 BND = 3.422 RON
1 RON = 609.410 CDF
1 CDF = 0.002 RON
1 RON = 0.443 BZD
1 BZD = 2.259 RON
1 RON = 7171.752 BYR
1 BYR = 0.000 RON
1 RON = 0.393 BGN
1 BGN = 2.545 RON
1 RON = 0.297 CAD
1 CAD = 3.370 RON
1 RON = 29.533 DZD
1 DZD = 0.034 RON
1 RON = 3.295 ERN
1 ERN = 0.304 RON
1 RON = 10.720 EGP
1 EGP = 0.093 RON
1 RON = 0.490 FJD
1 FJD = 2.039 RON
1 RON = 0.172 GBP
1 GBP = 5.810 RON
1 RON = 0.172 FKP
1 FKP = 5.810 RON
1 RON = 1.715 GTQ
1 GTQ = 0.583 RON
1 RON = 1.719 HKD
1 HKD = 0.582 RON
1 RON = 80.233 HUF
1 HUF = 0.012 RON
1 RON = 287.679 IQD
1 IQD = 0.003 RON
1 RON = 9233.937 IRR
1 IRR = 0.000 RON
1 RON = 98.968 KMF
1 KMF = 0.010 RON
1 RON = 288.349 KRW
1 KRW = 0.003 RON
1 RON = 20.880 ALL
1 ALL = 0.048 RON
1 RON = 24.101 BDT
1 BDT = 0.041 RON
1 RON = 0.395 AWG
1 AWG = 2.529 RON
1 RON = 1.094 BRL
1 BRL = 0.914 RON
1 RON = 0.001 BCH
1 BCH = 1947.177 RON
1 RON = 0.000 BTC
1 BTC = 325178.571 RON
1 RON = 0.807 AED
1 AED = 1.239 RON
1 RON = 183.211 AOA
1 AOA = 0.005 RON
1 RON = 0.220 BSD
1 BSD = 4.553 RON
1 RON = 211.677 CLP
1 CLP = 0.005 RON
1 RON = 0.719 BYN
1 BYN = 1.392 RON
1 RON = 859.453 COP
1 COP = 0.001 RON
1 RON = 5.656 CUP
1 CUP = 0.177 RON
1 RON = 0.000 ETH
1 ETH = 18283.133 RON
1 RON = 0.201 EUR
1 EUR = 4.967 RON
1 RON = 5.423 HNL
1 HNL = 0.184 RON
1 RON = 14.931 GMD
1 GMD = 0.067 RON
1 RON = 0.172 GIP
1 GIP = 5.810 RON
1 RON = 29.116 HTG
1 HTG = 0.034 RON
1 RON = 0.156 JOD
1 JOD = 6.422 RON
1 RON = 32.466 JPY
1 JPY = 0.031 RON
1 RON = 15.578 AFN
1 AFN = 0.064 RON
1 RON = 0.439 BBD
1 BBD = 2.276 RON
1 RON = 0.220 BMD
1 BMD = 4.553 RON
1 RON = 88.455 AMD
1 AMD = 0.011 RON
1 RON = 0.193 CHF
1 CHF = 5.180 RON
1 RON = 39.106 DJF
1 DJF = 0.026 RON
1 RON = 12.979 DOP
1 DOP = 0.077 RON
1 RON = 22.146 CVE
1 CVE = 0.045 RON
1 RON = 0.583 GEL
1 GEL = 1.715 RON
1 RON = 2.815 GHS
1 GHS = 0.355 RON
1 RON = 45.992 GYD
1 GYD = 0.022 RON
1 RON = 0.804 ILS
1 ILS = 1.244 RON
1 RON = 18.185 INR
1 INR = 0.055 RON
1 RON = 29.937 ISK
1 ISK = 0.033 RON
1 RON = 889.368 KHR
1 KHR = 0.001 RON
1 RON = 30.533 KES
1 KES = 0.033 RON
1 RON = 0.067 KWD
1 KWD = 14.820 RON
1 RON = 98.550 KZT
1 KZT = 0.010 RON
1 RON = 67.457 LKR
1 LKR = 0.015 RON
1 RON = 2.204 MAD
1 MAD = 0.454 RON
1 RON = 461.177 MMK
1 MMK = 0.002 RON
1 RON = 757.825 MNT
1 MNT = 0.001 RON
1 RON = 10.058 MUR
1 MUR = 0.099 RON
1 RON = 87.321 MRO
1 MRO = 0.011 RON
1 RON = 3.383 MVR
1 MVR = 0.296 RON
1 RON = 369.661 MWK
1 MWK = 0.003 RON
1 RON = 0.357 NZD
1 NZD = 2.798 RON
1 RON = 29.085 NPR
1 NPR = 0.034 RON
1 RON = 12.172 PHP
1 PHP = 0.082 RON
1 RON = 61.303 PKR
1 PKR = 0.016 RON
1 RON = 281.856 RWF
1 RWF = 0.004 RON
1 RON = 0.002 LTC
1 LTC = 441.904 RON
1 RON = 3.698 MXN
1 MXN = 0.270 RON
1 RON = 8.082 NIO
1 NIO = 0.124 RON
1 RON = 1.000 RON
1 RON = 1.000 RON
1 RON = 197.694 KPW
1 KPW = 0.005 RON
1 RON = 0.183 KYD
1 KYD = 5.464 RON
1 RON = 19665.437 LBP
1 LBP = 0.000 RON
1 RON = 1.055 LYD
1 LYD = 0.947 RON
1 RON = 4583.108 LAK
1 LAK = 0.000 RON
1 RON = 988.398 MGA
1 MGA = 0.001 RON
1 RON = 42.087 LRD
1 LRD = 0.024 RON
1 RON = 12.404 MKD
1 MKD = 0.081 RON
1 RON = 4.079 LSL
1 LSL = 0.245 RON
1 RON = 1.770 MOP
1 MOP = 0.565 RON
1 RON = 3.855 MDL
1 MDL = 0.259 RON
1 RON = 4.079 NAD
1 NAD = 0.245 RON
1 RON = 1.027 MYR
1 MYR = 0.973 RON
1 RON = 0.085 OMR
1 OMR = 11.826 RON
1 RON = 346.005 NGN
1 NGN = 0.003 RON
1 RON = 0.839 PGK
1 PGK = 1.192 RON
1 RON = 0.220 PAB
1 PAB = 4.553 RON
1 RON = 0.810 PEN
1 PEN = 1.234 RON
1 RON = 2.310 NOK
1 NOK = 0.433 RON
1 RON = 0.863 PLN
1 PLN = 1.158 RON
1 RON = 1600.984 PYG
1 PYG = 0.001 RON
1 RON = 0.801 QAR
1 QAR = 1.249 RON
1 RON = 1.853 SBD
1 SBD = 0.540 RON
1 RON = 0.824 SAR
1 SAR = 1.214 RON
1 RON = 0.293 SGD
1 SGD = 3.415 RON
1 RON = 4606.150 SLL
1 SLL = 0.000 RON
1 RON = 7.850 THB
1 THB = 0.127 RON
1 RON = 6.913 TWD
1 TWD = 0.145 RON
1 RON = 8.456 UAH
1 UAH = 0.118 RON
1 RON = 858.227 UGX
1 UGX = 0.001 RON
1 RON = 7.768 SRD
1 SRD = 0.129 RON
1 RON = 4894.410 STD
1 STD = 0.000 RON
1 RON = 7.040 TRY
1 TRY = 0.142 RON
1 RON = 1.492 TTD
1 TTD = 0.670 RON
1 RON = 0.519 TOP
1 TOP = 1.928 RON
1 RON = 2752.488 UZS
1 UZS = 0.000 RON
1 RON = 54.981 YER
1 YER = 0.018 RON
1 RON = 4.112 ZAR
1 ZAR = 0.243 RON
1 RON = 23.598 RSD
1 RSD = 0.042 RON
1 RON = 20.060 RUB
1 RUB = 0.050 RON
1 RON = 125.511 SOS
1 SOS = 0.008 RON
1 RON = 1.922 SVC
1 SVC = 0.520 RON
1 RON = 551.901 SYP
1 SYP = 0.002 RON
1 RON = 4.078 SZL
1 SZL = 0.245 RON
1 RON = 0.680 TND
1 TND = 1.470 RON
1 RON = 8.529 UYU
1 UYU = 0.117 RON
1 RON = 5415.003 VND
1 VND = 0.000 RON
1 RON = 26.078 VUV
1 VUV = 0.038 RON
1 RON = 0.615 WST
1 WST = 1.626 RON
1 RON = 132.055 XAF
1 XAF = 0.008 RON
1 RON = 0.594 XCD
1 XCD = 1.684 RON
1 RON = 2.950 SCR
1 SCR = 0.339 RON
1 RON = 2.252 SEK
1 SEK = 0.444 RON
1 RON = 0.172 SHP
1 SHP = 5.810 RON
1 RON = 559.993 TZS
1 TZS = 0.002 RON
1 RON = 0.220 USD
1 USD = 4.553 RON
1 RON = 24.024 XPF
1 XPF = 0.042 RON
1 RON = 132.055 XOF
1 XOF = 0.008 RON

Evolution of the RON Exchange Rate

The exchange rate of the Romanian leu (RON) has seen significant fluctuations over the years. Initially, after its introduction in 2005, the RON remained relatively stable against major currencies. However, during the global financial crisis in 2008-2009, the RON depreciated significantly, reaching its lowest value against the Euro in March 2009. Since then, it has experienced periods of both appreciation and depreciation, influenced by economic factors and market sentiments.

Variations in the RON Exchange Rate

The RON exchange rate has been influenced by various factors, including domestic economic conditions, inflation rates, political stability, and external shocks. It often fluctuates in response to changes in investor confidence, global economic trends, and monetary policies of major economies. These variations can impact trade flows, inflation rates, and overall economic stability within Romania.

Significance of RON in the Global Economy

The Romanian leu, while not a major global reserve currency, plays a significant role in the regional economy and European Union (EU). As Romania is a member of the EU, the RON's stability and exchange rate are closely monitored by the European Central Bank (ECB) and affect the country's economic interactions within the EU. Additionally, Romania has a relatively large and growing economy within Central and Eastern Europe, making the RON important in regional trade and investment flows.

Shocks Experienced by RON and Correlation with Other Currencies

The RON has been exposed to various shocks, including the global financial crisis, the Eurozone debt crisis, and fluctuations in commodity prices. These shocks have caused significant volatility in the RON exchange rate, leading to economic challenges for Romania. The RON often exhibits a high correlation with other currencies in the region, such as the Euro and the Hungarian forint, due to trade and investment linkages. However, it can also be influenced by global currencies like the US dollar, especially during periods of heightened market uncertainty or changes in global economic conditions.