BTC/RON: what to know
The BTC/RON rate shows how much RON you get for 1 BTC. Right now, 1 BTC buys 350,427.61 RON at the mid-market rate. In the other direction, 1 RON is worth 0.00000285366 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while RON responds to regional sentiment and euro moves.
The supply is capped at 21 million coins. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the BTC/RON rate has ranged between 268,842.12 and 544,598.93 — a change of -30.22% 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.