GBP/RON: what to know
The GBP/RON rate shows how much RON you get for 1 GBP. Right now, 1 GBP buys 6.1262 RON at the mid-market rate. In the other direction, 1 RON is worth 0.1632 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while RON responds to regional sentiment and euro moves.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the GBP/RON rate has ranged between 5.7484 and 6.1826 — a change of +4.35% 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.