KRW/RON: what to know
The KRW/RON rate shows how much RON you get for 1 KRW. Right now, 1 KRW buys 0.00337644 RON at the mid-market rate. In the other direction, 1 RON is worth 296.1702 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while RON responds to regional sentiment and euro moves.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the KRW/RON rate has ranged between 0.00290843 and 0.00337059 — a change of +8.19% 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.