CZK/RON: what to know
The CZK/RON rate shows how much RON you get for 1 CZK. Right now, 1 CZK buys 0.2168 RON at the mid-market rate. In the other direction, 1 RON is worth 4.6133 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while RON responds to regional sentiment and euro moves.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the CZK/RON rate has ranged between 0.2076 and 0.2183 — a change of +4.09% 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.