Romanian leu

The Romanian leu is the currency of Romania (RO)
1 RON = 0.352 AUD
1 AUD = 2.843 RON
1 RON = 303.185 ARS
1 ARS = 0.003 RON
1 RON = 684.436 BIF
1 BIF = 0.001 RON
1 RON = 0.086 BHD
1 BHD = 11.589 RON
1 RON = 1.594 BOB
1 BOB = 0.627 RON
1 RON = 0.390 AZN
1 AZN = 2.563 RON
1 RON = 20.129 BTN
1 BTN = 0.050 RON
1 RON = 116.161 CRC
1 CRC = 0.009 RON
1 RON = 4.832 CZK
1 CZK = 0.207 RON
1 RON = 1.649 CNY
1 CNY = 0.606 RON
1 RON = 1.474 DKK
1 DKK = 0.678 RON
1 RON = 32.078 ETB
1 ETB = 0.031 RON
1 RON = 1990.506 GNF
1 GNF = 0.001 RON
1 RON = 1.488 HRK
1 HRK = 0.672 RON
1 RON = 3741.205 IDR
1 IDR = 0.000 RON
1 RON = 36.810 JMD
1 JMD = 0.027 RON
1 RON = 20.074 KGS
1 KGS = 0.050 RON
1 RON = 0.386 BAM
1 BAM = 2.589 RON
1 RON = 0.414 ANG
1 ANG = 2.413 RON
1 RON = 3.182 BWP
1 BWP = 0.314 RON
1 RON = 0.295 BND
1 BND = 3.388 RON
1 RON = 668.096 CDF
1 CDF = 0.001 RON
1 RON = 0.462 BZD
1 BZD = 2.164 RON
1 RON = 7573.104 BYR
1 BYR = 0.000 RON
1 RON = 0.386 BGN
1 BGN = 2.589 RON
1 RON = 0.316 CAD
1 CAD = 3.164 RON
1 RON = 29.834 DZD
1 DZD = 0.034 RON
1 RON = 3.442 ERN
1 ERN = 0.291 RON
1 RON = 11.128 EGP
1 EGP = 0.090 RON
1 RON = 0.517 FJD
1 FJD = 1.933 RON
1 RON = 0.171 GBP
1 GBP = 5.854 RON
1 RON = 0.171 FKP
1 FKP = 5.854 RON
1 RON = 1.762 GTQ
1 GTQ = 0.568 RON
1 RON = 1.801 HKD
1 HKD = 0.555 RON
1 RON = 78.139 HUF
1 HUF = 0.013 RON
1 RON = 300.941 IQD
1 IQD = 0.003 RON
1 RON = 9674.722 IRR
1 IRR = 0.000 RON
1 RON = 97.154 KMF
1 KMF = 0.010 RON
1 RON = 318.736 KRW
1 KRW = 0.003 RON
1 RON = 19.200 ALL
1 ALL = 0.052 RON
1 RON = 27.927 BDT
1 BDT = 0.036 RON
1 RON = 0.411 AWG
1 AWG = 2.434 RON
1 RON = 1.249 BRL
1 BRL = 0.801 RON
1 RON = 0.000 BCH
1 BCH = 2595.295 RON
1 RON = 0.000 BTC
1 BTC = 544687.500 RON
1 RON = 0.843 AED
1 AED = 1.187 RON
1 RON = 210.683 AOA
1 AOA = 0.005 RON
1 RON = 0.229 BSD
1 BSD = 4.358 RON
1 RON = 222.336 CLP
1 CLP = 0.004 RON
1 RON = 0.757 BYN
1 BYN = 1.320 RON
1 RON = 924.489 COP
1 COP = 0.001 RON
1 RON = 5.515 CUP
1 CUP = 0.181 RON
1 RON = 0.000 ETH
1 ETH = 18701.717 RON
1 RON = 0.197 EUR
1 EUR = 5.064 RON
1 RON = 6.026 HNL
1 HNL = 0.166 RON
1 RON = 16.677 GMD
1 GMD = 0.060 RON
1 RON = 0.171 GIP
1 GIP = 5.854 RON
1 RON = 30.132 HTG
1 HTG = 0.033 RON
1 RON = 0.163 JOD
1 JOD = 6.146 RON
1 RON = 34.056 JPY
1 JPY = 0.029 RON
1 RON = 15.681 AFN
1 AFN = 0.064 RON
1 RON = 0.459 BBD
1 BBD = 2.179 RON
1 RON = 0.229 BMD
1 BMD = 4.358 RON
1 RON = 87.761 AMD
1 AMD = 0.011 RON
1 RON = 0.186 CHF
1 CHF = 5.372 RON
1 RON = 40.840 DJF
1 DJF = 0.024 RON
1 RON = 14.046 DOP
1 DOP = 0.071 RON
1 RON = 21.776 CVE
1 CVE = 0.046 RON
1 RON = 0.618 GEL
1 GEL = 1.618 RON
1 RON = 2.423 GHS
1 GHS = 0.413 RON
1 RON = 48.112 GYD
1 GYD = 0.021 RON
1 RON = 0.783 ILS
1 ILS = 1.277 RON
1 RON = 20.129 INR
1 INR = 0.050 RON
1 RON = 28.241 ISK
1 ISK = 0.035 RON
1 RON = 920.576 KHR
1 KHR = 0.001 RON
1 RON = 29.673 KES
1 KES = 0.034 RON
1 RON = 0.070 KWD
1 KWD = 14.251 RON
1 RON = 124.819 KZT
1 KZT = 0.008 RON
1 RON = 69.065 LKR
1 LKR = 0.014 RON
1 RON = 2.078 MAD
1 MAD = 0.481 RON
1 RON = 481.779 MMK
1 MMK = 0.002 RON
1 RON = 825.024 MNT
1 MNT = 0.001 RON
1 RON = 10.416 MUR
1 MUR = 0.096 RON
1 RON = 91.626 MRO
1 MRO = 0.011 RON
1 RON = 3.543 MVR
1 MVR = 0.282 RON
1 RON = 398.563 MWK
1 MWK = 0.003 RON
1 RON = 0.386 NZD
1 NZD = 2.588 RON
1 RON = 32.220 NPR
1 NPR = 0.031 RON
1 RON = 13.125 PHP
1 PHP = 0.076 RON
1 RON = 65.074 PKR
1 PKR = 0.015 RON
1 RON = 332.057 RWF
1 RWF = 0.003 RON
1 RON = 0.002 LTC
1 LTC = 522.858 RON
1 RON = 4.284 MXN
1 MXN = 0.233 RON
1 RON = 8.454 NIO
1 NIO = 0.118 RON
1 RON = 1.000 RON
1 RON = 1.000 RON
1 RON = 206.538 KPW
1 KPW = 0.005 RON
1 RON = 0.191 KYD
1 KYD = 5.242 RON
1 RON = 20616.982 LBP
1 LBP = 0.000 RON
1 RON = 1.248 LYD
1 LYD = 0.802 RON
1 RON = 4963.419 LAK
1 LAK = 0.000 RON
1 RON = 1015.344 MGA
1 MGA = 0.001 RON
1 RON = 46.063 LRD
1 LRD = 0.022 RON
1 RON = 12.157 MKD
1 MKD = 0.082 RON
1 RON = 4.070 LSL
1 LSL = 0.246 RON
1 RON = 1.856 MOP
1 MOP = 0.539 RON
1 RON = 3.855 MDL
1 MDL = 0.259 RON
1 RON = 4.070 NAD
1 NAD = 0.246 RON
1 RON = 0.971 MYR
1 MYR = 1.029 RON
1 RON = 0.088 OMR
1 OMR = 11.321 RON
1 RON = 352.411 NGN
1 NGN = 0.003 RON
1 RON = 0.965 PGK
1 PGK = 1.036 RON
1 RON = 0.229 PAB
1 PAB = 4.358 RON
1 RON = 0.810 PEN
1 PEN = 1.234 RON
1 RON = 2.346 NOK
1 NOK = 0.426 RON
1 RON = 0.840 PLN
1 PLN = 1.190 RON
1 RON = 1723.534 PYG
1 PYG = 0.001 RON
1 RON = 0.835 QAR
1 QAR = 1.197 RON
1 RON = 1.946 SBD
1 SBD = 0.514 RON
1 RON = 0.861 SAR
1 SAR = 1.162 RON
1 RON = 0.295 SGD
1 SGD = 3.388 RON
1 RON = 5213.976 SLL
1 SLL = 0.000 RON
1 RON = 7.444 THB
1 THB = 0.134 RON
1 RON = 6.873 TWD
1 TWD = 0.145 RON
1 RON = 9.516 UAH
1 UAH = 0.105 RON
1 RON = 818.196 UGX
1 UGX = 0.001 RON
1 RON = 8.587 SRD
1 SRD = 0.116 RON
1 RON = 4890.075 STD
1 STD = 0.000 RON
1 RON = 9.346 TRY
1 TRY = 0.107 RON
1 RON = 1.559 TTD
1 TTD = 0.641 RON
1 RON = 0.551 TOP
1 TOP = 1.815 RON
1 RON = 2902.559 UZS
1 UZS = 0.000 RON
1 RON = 55.149 YER
1 YER = 0.018 RON
1 RON = 4.070 ZAR
1 ZAR = 0.246 RON
1 RON = 23.135 RSD
1 RSD = 0.043 RON
1 RON = 18.252 RUB
1 RUB = 0.055 RON
1 RON = 131.137 SOS
1 SOS = 0.008 RON
1 RON = 2.008 SVC
1 SVC = 0.498 RON
1 RON = 2983.775 SYP
1 SYP = 0.000 RON
1 RON = 4.070 SZL
1 SZL = 0.246 RON
1 RON = 0.663 TND
1 TND = 1.508 RON
1 RON = 9.214 UYU
1 UYU = 0.109 RON
1 RON = 6019.254 VND
1 VND = 0.000 RON
1 RON = 27.433 VUV
1 VUV = 0.036 RON
1 RON = 0.610 WST
1 WST = 1.640 RON
1 RON = 129.538 XAF
1 XAF = 0.008 RON
1 RON = 0.621 XCD
1 XCD = 1.610 RON
1 RON = 3.356 SCR
1 SCR = 0.298 RON
1 RON = 2.211 SEK
1 SEK = 0.452 RON
1 RON = 0.171 SHP
1 SHP = 5.854 RON
1 RON = 570.536 TZS
1 TZS = 0.002 RON
1 RON = 0.229 USD
1 USD = 4.358 RON
1 RON = 23.566 XPF
1 XPF = 0.042 RON
1 RON = 129.538 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.