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base info Lido DAO

Lido DAO to Romanian Leu Converter and calculator

Convert 1Lido DAO (LDO) to Romanian Leu (RON) equals lei 9.83 | 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 Lido DAO(LDO) to Romanian Leu(RON). This is the real-time data. The current conversion shows 1 LDO at a value of 1 LDO for 9.83 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 Lido DAO currency pair is the LDO to RON, with for Lido DAO's currency code being LDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for RON.

LDO to RON conversion rate trend

1D7D1M3M1YAll
In the past 1D, Lido DAO has changed +5.28% to RON. Based on the trend and price charts, Lido DAO(LDO) has changed +5.28% to RON while Romanian Leu(RON) has changed % to LDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
lei9.75
0.0001% / 0.0004%vip-iconVIP
Binance
lei9.77
0.1000% / 0.1000%
Yes
OKX
lei9.77
0.080% / 0.100%
Yes
Huobi
lei9.76
0.1000% / 0.1000%
Yes
Gate.io
lei9.76
0.1000% / 0.1000%
Yes
Bybit
lei9.77
0.1000% / 0.1000%
Yes
KuCoin
lei9.73
0.1000% / 0.1000%
Yes
Bitfinex
lei9.78
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 01:00:34(UTC+0)

What factors influence the conversion rate of Lido DAO to Romanian Leu?

Lido DAO to Romanian Leu is rising this week.
Lido DAO's current market price is lei 9.83 per LDO, with a total market cap of lei 8,769,573,446.05 RON based on a circulating supply of 891,733,760 LDO. The trading volume of Lido DAO has changed by -34.25% (lei -104,340,357.38 RON) in the last 24 hours. Last trading day, LDO's trading volume was lei 304,624,701.48.
Market cap
$1.88B
24h volume
$42.89M
Circulating supply
891.73M LDO

Conversion tables

The exchange rate of Lido DAO is decreasing.
1 LDO is currently valued at lei 9.83 RON , which means buying 5 LDO will cost lei 49.17 RON . Similarly, lei1 RON can be traded for 0.1017 LDO, and lei50 RON can be converted to 5.08 LDO, excluding any platform or gas fees.
The exchange rate of 1 LDO to Romanian Leu has changed by +14.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.28%, reaching a high of 9.87 RON and a low of 9.14 RON . One month ago, the value of 1 LDO was lei 13.02 RON , which represents a -24.48% change from its current value. Over the last year, Lido DAO has changed by
+lei
0.2444RON
, resulting in a change of +2.55% in its value.

LDO to RON

Amount
01:55 am today
0.5 LDO
lei4.92
1 LDO
lei9.83
5 LDO
lei49.17
10 LDO
lei98.34
50 LDO
lei491.71
100 LDO
lei983.43
500 LDO
lei4,917.15
1000 LDO
lei9,834.3

RON to LDO

Amount01:55 am today
0.5RON0.05084  LDO
1RON0.1017  LDO
5RON0.5084  LDO
10RON1.02  LDO
50RON5.08  LDO
100RON10.17  LDO
500RON50.84  LDO
1000RON101.68  LDO
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Today vs. 24 hours ago

Amount01:55 am today24 hours ago24h change
0.5 LDO$1.05$1
+5.28%
1 LDO$2.11$2
+5.28%
5 LDO$10.53$10
+5.28%
10 LDO$21.06$20.01
+5.28%
50 LDO$105.31$100.03
+5.28%
100 LDO$210.61$200.05
+5.28%
500 LDO$1,053.06$1,000.27
+5.28%
1000 LDO$2,106.12$2,000.54
+5.28%

Today vs. 1 month ago

Amount01:55 am today1 month ago1M change
0.5 LDO$1.05$1.39
-24.48%
1 LDO$2.11$2.79
-24.48%
5 LDO$10.53$13.94
-24.48%
10 LDO$21.06$27.89
-24.48%
50 LDO$105.31$139.44
-24.48%
100 LDO$210.61$278.88
-24.48%
500 LDO$1,053.06$1,394.39
-24.48%
1000 LDO$2,106.12$2,788.77
-24.48%

Today vs. 1 year ago

Amount01:55 am today1 year ago1Y change
0.5 LDO$1.05$1.03
+2.55%
1 LDO$2.11$2.05
+2.55%
5 LDO$10.53$10.27
+2.55%
10 LDO$21.06$20.54
+2.55%
50 LDO$105.31$102.69
+2.55%
100 LDO$210.61$205.38
+2.55%
500 LDO$1,053.06$1,026.88
+2.55%
1000 LDO$2,106.12$2,053.77
+2.55%

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.