About this pair
JPY/RON: what to know
The JPY/RON rate shows how much RON you get for 1 JPY. Right now, 1 JPY buys 0.0286 RON at the mid-market rate. In the other direction, 1 RON is worth 34.9750 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while RON responds to regional sentiment and euro moves.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the JPY/RON rate has ranged between 0.0272 and 0.0298 — a change of -5.47% 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.