About this pair
RON/BRL: what to know
The RON/BRL rate shows how much BRL you get for 1 RON. Right now, 1 RON buys 1.1304 BRL at the mid-market rate. In the other direction, 1 BRL is worth 0.8847 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while BRL responds to commodity prices and central-bank policy.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”.
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.