About this pair
RON/CNY: what to know
The RON/CNY rate shows how much CNY you get for 1 RON. Right now, 1 RON buys 1.4809 CNY at the mid-market rate. In the other direction, 1 CNY is worth 0.6753 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while CNY responds to PBoC decisions and Chinese growth.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Over the past 12 months the RON/CNY rate has ranged between 1.4708 and 1.6597 — a change of -10.34% 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.