CNH/RON: what to know
The CNH/RON rate shows how much RON you get for 1 CNH. Right now, 1 CNH buys 0.7145 RON at the mid-market rate. In the other direction, 1 RON is worth 1.3995 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while RON responds to regional sentiment and euro moves.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.