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Gnosis to Romanian Leu Converter and calculator

Convert 1Gnosis (GNO) to Romanian Leu (RON) equals lei 1,521.69 | 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 Gnosis(GNO) to Romanian Leu(RON). This is the real-time data. The current conversion shows 1 GNO at a value of 1 GNO for 1,521.69 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 Gnosis currency pair is the GNO to RON, with for Gnosis's currency code being GNO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for RON.

GNO to RON conversion rate trend

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In the past 1D, Gnosis has changed -3.10% to RON. Based on the trend and price charts, Gnosis(GNO) has changed -3.10% to RON while Romanian Leu(RON) has changed % to GNO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
lei1,519.7
0.0001% / 0.0004%vip-iconVIP
Binance
lei1,522.6
0.1000% / 0.1000%
Yes
Huobi
lei1,521.38
0.1000% / 0.1000%
Yes
Gate.io
lei1,521.22
0.1000% / 0.1000%
Yes
Last updated 2024/05/22 21:00:13(UTC+0)

How to buy Gnosis

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Use a variety of payment options to buy Gnosis on Bitget. We'll show you how.

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

Gnosis to Romanian Leu is rising this week.
Gnosis's current market price is lei 1,521.69 per GNO, with a total market cap of lei 3,940,556,191.46 RON based on a circulating supply of 2,589,588 GNO. The trading volume of Gnosis has changed by -30.88% (lei -30,359,927.47 RON) in the last 24 hours. Last trading day, GNO's trading volume was lei 98,311,051.81.
Market cap
$856.90M
24h volume
$14.78M
Circulating supply
2.59M GNO

Conversion tables

The exchange rate of Gnosis is decreasing.
1 GNO is currently valued at lei 1,521.69 RON , which means buying 5 GNO will cost lei 7,608.46 RON . Similarly, lei1 RON can be traded for 0.0006572 GNO, and lei50 RON can be converted to 0.03286 GNO, excluding any platform or gas fees.
The exchange rate of 1 GNO to Romanian Leu has changed by +18.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.10%, reaching a high of 1,567.82 RON and a low of 1,501.04 RON . One month ago, the value of 1 GNO was lei 1,801.19 RON , which represents a -15.52% change from its current value. Over the last year, Gnosis has changed by
+lei
64.67RON
, resulting in a change of +183.25% in its value.

GNO to RON

Amount
21:23 today
0.5 GNO
lei760.85
1 GNO
lei1,521.69
5 GNO
lei7,608.46
10 GNO
lei15,216.92
50 GNO
lei76,084.61
100 GNO
lei152,169.23
500 GNO
lei760,846.14
1000 GNO
lei1,521,692.28

RON to GNO

Amount21:23 today
0.5RON0.0003286  GNO
1RON0.0006572  GNO
5RON0.003286  GNO
10RON0.006572  GNO
50RON0.03286  GNO
100RON0.06572  GNO
500RON0.3286  GNO
1000RON0.6572  GNO
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Today vs. 24 hours ago

Amount21:23 today24 hours ago24h change
0.5 GNO$165.45$170.74
-3.10%
1 GNO$330.9$341.47
-3.10%
5 GNO$1,654.52$1,707.36
-3.10%
10 GNO$3,309.03$3,414.72
-3.10%
50 GNO$16,545.17$17,073.6
-3.10%
100 GNO$33,090.34$34,147.21
-3.10%
500 GNO$165,451.69$170,736.05
-3.10%
1000 GNO$330,903.38$341,472.1
-3.10%

Today vs. 1 month ago

Amount21:23 today1 month ago1M change
0.5 GNO$165.45$195.84
-15.52%
1 GNO$330.9$391.68
-15.52%
5 GNO$1,654.52$1,958.41
-15.52%
10 GNO$3,309.03$3,916.82
-15.52%
50 GNO$16,545.17$19,584.1
-15.52%
100 GNO$33,090.34$39,168.19
-15.52%
500 GNO$165,451.69$195,840.96
-15.52%
1000 GNO$330,903.38$391,681.92
-15.52%
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Today vs. 1 year ago

Amount21:23 today1 year ago1Y change
0.5 GNO$165.45$58.42
+183.25%
1 GNO$330.9$116.84
+183.25%
5 GNO$1,654.52$584.2
+183.25%
10 GNO$3,309.03$1,168.4
+183.25%
50 GNO$16,545.17$5,841.98
+183.25%
100 GNO$33,090.34$11,683.95
+183.25%
500 GNO$165,451.69$58,419.76
+183.25%
1000 GNO$330,903.38$116,839.52
+183.25%

Gnosis price prediction

What will the price of GNO be in 2025?

Based on GNO's historical price performance prediction model, the price of GNO is projected to reach $455.11 in 2025.

What will the price of GNO be in 2030?

In 2030, the GNO price is expected to rise by +1.00%. By the end of 2030, the GNO price is projected to reach $556.08, with a cumulative ROI of +68.05%.
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