About this pair
RON/CNH: what to know
The RON/CNH rate shows how much CNH you get for 1 RON. Right now, 1 RON buys 1.4805 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.6754 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while CNH responds to sentiment toward China and offshore flows.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.