CHF/RON: what to know
The CHF/RON rate shows how much RON you get for 1 CHF. Right now, 1 CHF buys 5.5482 RON at the mid-market rate. In the other direction, 1 RON is worth 0.1802 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while RON responds to regional sentiment and euro moves.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the CHF/RON rate has ranged between 5.4121 and 5.7648 — a change of +2.82% versus a year ago.
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.