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Monero to Romanian Leu Converter and calculator

Convert 1Monero (XMR) to Romanian Leu (RON) equals lei 542.08 | Bitget

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 Monero currency pair is the XMR to RON, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for RON.

XMR to RON conversion rate trend

1D7D1M3M1YAll
In the past 1D, Monero has changed -3.57% to RON. Based on the trend and price charts, Monero(XMR) has changed -3.57% to RON while Romanian Leu(RON) has changed % to XMR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
lei542.08
0.0001% / 0.0004%vip-iconVIP
Binance
lei554.03
0.1000% / 0.1000%
Yes
Kraken
lei541.52
0.1000% / 0.1000%
Yes
OKX
lei742.13
0.080% / 0.100%
Yes
Huobi
lei545.68
0.1000% / 0.1000%
Yes
Gate.io
lei541.38
0.1000% / 0.1000%
Yes
KuCoin
lei542.08
0.1000% / 0.1000%
Yes
Bitfinex
lei542.32
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 18:00:35(UTC+0)

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

Monero to Romanian Leu is falling this week.
Monero's current market price is lei 542.08 per XMR, with a total market cap of lei 9,988,062,674.4 RON based on a circulating supply of 18,425,278 XMR. The trading volume of Monero has changed by +7.37% (lei 17,619,271.47 RON) in the last 24 hours. Last trading day, XMR's trading volume was lei 239,031,779.11.
Market cap
$2.14B
24h volume
$54.99M
Circulating supply
18.43M XMR

Conversion tables

The exchange rate of Monero is decreasing.
1 XMR is currently valued at lei 542.08 RON , which means buying 5 XMR will cost lei 2,710.42 RON . Similarly, lei1 RON can be traded for 0.001845 XMR, and lei50 RON can be converted to 0.09224 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Romanian Leu has changed by -13.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.57%, reaching a high of 564.96 RON and a low of 527 RON . One month ago, the value of 1 XMR was lei 641.68 RON , which represents a -15.56% change from its current value. Over the last year, Monero has changed by
-lei
195.07RON
, resulting in a change of -26.52% in its value.

XMR to RON

Amount
18:17 today
0.5 XMR
lei271.04
1 XMR
lei542.08
5 XMR
lei2,710.42
10 XMR
lei5,420.85
50 XMR
lei27,104.24
100 XMR
lei54,208.48
500 XMR
lei271,042.4
1000 XMR
lei542,084.8

RON to XMR

Amount18:17 today
0.5RON0.0009224  XMR
1RON0.001845  XMR
5RON0.009224  XMR
10RON0.01845  XMR
50RON0.09224  XMR
100RON0.1845  XMR
500RON0.9224  XMR
1000RON1.84  XMR
share

Today vs. 24 hours ago

Amount18:17 today24 hours ago24h change
0.5 XMR$58.07$60.21
-3.57%
1 XMR$116.14$120.42
-3.57%
5 XMR$580.7$602.11
-3.57%
10 XMR$1,161.4$1,204.22
-3.57%
50 XMR$5,807.01$6,021.12
-3.57%
100 XMR$11,614.03$12,042.24
-3.57%
500 XMR$58,070.14$60,211.19
-3.57%
1000 XMR$116,140.29$120,422.39
-3.57%

Today vs. 1 month ago

Amount18:17 today1 month ago1M change
0.5 XMR$58.07$68.74
-15.56%
1 XMR$116.14$137.48
-15.56%
5 XMR$580.7$687.39
-15.56%
10 XMR$1,161.4$1,374.78
-15.56%
50 XMR$5,807.01$6,873.89
-15.56%
100 XMR$11,614.03$13,747.79
-15.56%
500 XMR$58,070.14$68,738.93
-15.56%
1000 XMR$116,140.29$137,477.87
-15.56%

Today vs. 1 year ago

Amount18:17 today1 year ago1Y change
0.5 XMR$58.07$78.97
-26.52%
1 XMR$116.14$157.93
-26.52%
5 XMR$580.7$789.67
-26.52%
10 XMR$1,161.4$1,579.33
-26.52%
50 XMR$5,807.01$7,896.65
-26.52%
100 XMR$11,614.03$15,793.31
-26.52%
500 XMR$58,070.14$78,966.53
-26.52%
1000 XMR$116,140.29$157,933.06
-26.52%

FAQ

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