MXN/RON: what to know
The MXN/RON rate shows how much RON you get for 1 MXN. Right now, 1 MXN buys 0.2669 RON at the mid-market rate. In the other direction, 1 RON is worth 3.7466 MXN.
In the short term MXN is driven mainly by the US economy and capital flows, while RON responds to regional sentiment and euro moves.
The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the MXN/RON rate has ranged between 0.2336 and 0.2678 — a change of +14.02% 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.