BCH/RON: what to know
The BCH/RON rate shows how much RON you get for 1 BCH. Right now, 1 BCH buys 1,014.72 RON at the mid-market rate. In the other direction, 1 RON is worth 0.000985494 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while RON responds to regional sentiment and euro moves.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the BCH/RON rate has ranged between 870.1562 and 2,820.13 — a change of -60.84% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.