HKD/RON: what to know
The HKD/RON rate shows how much RON you get for 1 HKD. Right now, 1 HKD buys 0.5776 RON at the mid-market rate. In the other direction, 1 RON is worth 1.7313 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while RON responds to regional sentiment and euro moves.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the HKD/RON rate has ranged between 0.5456 and 0.5881 — a change of +4.32% 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.