RON/BTC: what to know
The RON/BTC rate shows how much BTC you get for 1 RON. Right now, 1 RON buys 0.00000285437 BTC at the mid-market rate. In the other direction, 1 BTC is worth 350,339.60 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while BTC responds to crypto-market sentiment and liquidity.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The supply is capped at 21 million coins.
Over the past 12 months the RON/BTC rate has ranged between 0.00000183621 and 0.00000371966 — a change of +43.32% 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.