DKK/RON: what to know
The DKK/RON rate shows how much RON you get for 1 DKK. Right now, 1 DKK buys 0.7034 RON at the mid-market rate. In the other direction, 1 RON is worth 1.4217 DKK.
In the short term DKK is driven mainly by its fixed peg to the euro, while RON responds to regional sentiment and euro moves.
The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the DKK/RON rate has ranged between 0.6781 and 0.7045 — a change of +3.64% 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.