About this pair
BRL/RON: what to know
The BRL/RON rate shows how much RON you get for 1 BRL. Right now, 1 BRL buys 0.8847 RON at the mid-market rate. In the other direction, 1 RON is worth 1.1304 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while RON responds to regional sentiment and euro moves.
The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
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.