RON/CHF: what to know
The RON/CHF rate shows how much CHF you get for 1 RON. Right now, 1 RON buys 0.1802 CHF at the mid-market rate. In the other direction, 1 CHF is worth 5.5482 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while CHF responds to safe-haven demand and SNB policy.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the RON/CHF rate has ranged between 0.1735 and 0.1848 — a change of -2.74% 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.