RON/BCH: what to know
The RON/BCH rate shows how much BCH you get for 1 RON. Right now, 1 RON buys 0.000985494 BCH at the mid-market rate. In the other direction, 1 BCH is worth 1,014.72 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while BCH responds to crypto-market sentiment.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions.
Over the past 12 months the RON/BCH rate has ranged between 0.000354594 and 0.00114922 — a change of +155.34% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.