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Chainlink to Romanian Leu Converter and calculator

Convert 1Chainlink (LINK) to Romanian Leu (RON) equals lei 71.68 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Chainlink(LINK) to Romanian Leu(RON). This is the real-time data. The current conversion shows 1 LINK at a value of 1 LINK for 71.68 RON . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

RON information

About the Romanian Leu (RON)

What Is the Romanian Leu (RON)?

The Romanian Leu, abbreviated as RON and often denoted by the currency sign “lei”, is the official currency of Romania. It is subdivided into 100 smaller units known as bani. The term "leu" means "lion" in Romanian, reflecting its historical origins linked to the Dutch thaler (leeuwendaalder "lion thaler/dollar"). The Romanian Leu is the sole legal tender in Romania, and it is used for all transactions within the country.

The Romanian Leu is issued by the National Bank of Romania (Banca Națională a României), which is responsible for the country's monetary policy, including the issuance and regulation of its currency. The National Bank of Romania plays a crucial role in maintaining the stability and integrity of the Romanian financial system.

What Is the History of RON?

The Leu has undergone several transformations since its first introduction in 1867. The currency has experienced multiple revaluations, the most recent being in 2005, where 10,000 old lei (ROL) were exchanged for one new leu (RON). This change aimed to align the Romanian currency with Western European standards and improve the country's economic prospects.

Notes and Coins of RON

Romanian currency is available in both coins and banknotes. Frequently used coins include 5, 10, and 50 bani, while the banknotes in circulation are 1, 5, 10, 50, and 100 lei. The banknotes are known for their durability, made from a strong polymer material, making them indestructible.

Is RON Pegged to EUR?

No, the Romanian Leu (RON) is not pegged to the Euro. Romania, despite being a member of the European Union, has its own independent monetary policy, and the Leu operates on a floating exchange rate system. This means that the value of the Romanian Leu is determined by market forces, such as supply and demand in the foreign exchange market, rather than being directly linked or pegged to the Euro or any other currency.

Will Romania Adopt the Euro as Its Currency?

Romania has set a target to adopt the Euro by 2024. The country, a member of the European Union since 2007, has expressed intentions to join the Eurozone, which would involve replacing the Romanian Leu (RON) with the Euro. However, for a member state to adopt the Euro, it must meet certain convergence criteria, often referred to as the Maastricht criteria. Romania has been working towards meeting these criteria, but as of January 2024, it has not yet fulfilled all the necessary conditions.

Is RON a Stable Currency?

The Romanian Leu (RON) had demonstrated relative stability, especially in the context of its recent history. The exchange rates of the Leu against major currencies like the Euro and the British Pound had been fairly consistent, with the average exchange rate in 2023 hovering around 1 EUR to 4.9 RON and 1 GBP to 5.7 RON. This stability is indicative of Romania's growing economic resilience and effective monetary policies. While the Leu had experienced significant fluctuations in the past, particularly during the post-communist transition period, the National Bank of Romania's efforts in recent years have contributed to a more stable currency environment.

What Is the Difference Between ROL and RON?

In 2005, Romania underwent a significant currency reform, transitioning from the old Romanian leu (ROL) to the new Romanian leu (RON) through a process of redenomination. This change was introduced at a rate of 1 RON = 10,000 ROL, primarily to combat high inflation and simplify financial transactions. Along with this shift in value, the new leu featured updated banknotes and coins, distinct in design and enhanced with modern security features to prevent counterfeiting. This currency reform was a crucial part of broader economic reforms aimed at stabilizing the Romanian economy, reducing inflation, and facilitating closer integration with the European Union and international economic systems. During the transition, both currencies circulated simultaneously to ease the adaptation process. The change also included an update on the international currency symbol from ROL to RON, reflecting a new era in Romania's economic development.

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Bitget crypto-to-fiat exchange data shows that the most popular Chainlink currency pair is the LINK to RON, with for Chainlink's currency code being LINK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for RON.

LINK to RON conversion rate trend

1D7D1M3M1YAll
In the past 1D, Chainlink has changed +1.11% to RON. Based on the trend and price charts, Chainlink(LINK) has changed +1.11% to RON while Romanian Leu(RON) has changed % to LINK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
lei71.89
0.0001% / 0.0004%vip-iconVIP
Binance
lei71.81
0.1000% / 0.1000%
Yes
Coinbase Exchange
lei71.93
0.1000% / 0.1000%
Yes
Kraken
lei71.87
0.1000% / 0.1000%
Yes
OKX
lei71.8
0.080% / 0.100%
Yes
Huobi
lei71.82
0.1000% / 0.1000%
Yes
Gate.io
lei71.81
0.1000% / 0.1000%
Yes
Bybit
lei71.91
0.1000% / 0.1000%
Yes
KuCoin
lei71.81
0.1000% / 0.1000%
Yes
Bitfinex
lei71.84
0.1000% / 0.1000%
Yes
Last updated 2024/04/23 15:00:31(UTC+0)

What factors influence the conversion rate of Chainlink to Romanian Leu?

Chainlink to Romanian Leu is rising this week.
Chainlink's current market price is lei 71.68 per LINK, with a total market cap of lei 42,081,866,733.66 RON based on a circulating supply of 587,099,970 LINK. The trading volume of Chainlink has changed by -30.97% (lei -595,812,674.45 RON) in the last 24 hours. Last trading day, LINK's trading volume was lei 1,923,726,339.6.
Market cap
$9.03B
24h volume
$284.86M
Circulating supply
587.10M LINK

Conversion tables

The exchange rate of Chainlink is decreasing.
1 LINK is currently valued at lei 71.68 RON , which means buying 5 LINK will cost lei 358.39 RON . Similarly, lei1 RON can be traded for 0.01395 LINK, and lei50 RON can be converted to 0.6976 LINK, excluding any platform or gas fees.
The exchange rate of 1 LINK to Romanian Leu has changed by +16.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.11%, reaching a high of 72.91 RON and a low of 70.85 RON . One month ago, the value of 1 LINK was lei 85.45 RON , which represents a -16.12% change from its current value. Over the last year, Chainlink has changed by
+lei
1RON
, resulting in a change of +114.74% in its value.

LINK to RON

Amount
15:08 today
0.5 LINK
lei35.84
1 LINK
lei71.68
5 LINK
lei358.39
10 LINK
lei716.78
50 LINK
lei3,583.88
100 LINK
lei7,167.75
500 LINK
lei35,838.76
1000 LINK
lei71,677.52

RON to LINK

Amount15:08 today
0.5RON0.006976  LINK
1RON0.01395  LINK
5RON0.06976  LINK
10RON0.1395  LINK
50RON0.6976  LINK
100RON1.4  LINK
500RON6.98  LINK
1000RON13.95  LINK
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Today vs. 24 hours ago

Amount15:08 today24 hours ago24h change
0.5 LINK$7.69$7.6
+1.11%
1 LINK$15.38$15.21
+1.11%
5 LINK$76.88$76.03
+1.11%
10 LINK$153.76$152.07
+1.11%
50 LINK$768.79$760.34
+1.11%
100 LINK$1,537.58$1,520.69
+1.11%
500 LINK$7,687.92$7,603.44
+1.11%
1000 LINK$15,375.83$15,206.89
+1.11%

Today vs. 1 month ago

Amount15:08 today1 month ago1M change
0.5 LINK$7.69$9.17
-16.12%
1 LINK$15.38$18.33
-16.12%
5 LINK$76.88$91.65
-16.12%
10 LINK$153.76$183.31
-16.12%
50 LINK$768.79$916.53
-16.12%
100 LINK$1,537.58$1,833.05
-16.12%
500 LINK$7,687.92$9,165.27
-16.12%
1000 LINK$15,375.83$18,330.54
-16.12%

Today vs. 1 year ago

Amount15:08 today1 year ago1Y change
0.5 LINK$7.69$3.58
+114.74%
1 LINK$15.38$7.16
+114.74%
5 LINK$76.88$35.8
+114.74%
10 LINK$153.76$71.61
+114.74%
50 LINK$768.79$358.03
+114.74%
100 LINK$1,537.58$716.07
+114.74%
500 LINK$7,687.92$3,580.33
+114.74%
1000 LINK$15,375.83$7,160.66
+114.74%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.