RON/ARS: what to know
The RON/ARS rate shows how much ARS you get for 1 RON. Right now, 1 RON buys 319.1159 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.00313366 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while ARS responds to high inflation and economic policy.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations.
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.