About this pair
RON/CZK: what to know
The RON/CZK rate shows how much CZK you get for 1 RON. Right now, 1 RON buys 4.6133 CZK at the mid-market rate. In the other direction, 1 CZK is worth 0.2168 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while CZK responds to Czech central-bank policy and euro moves.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Over the past 12 months the RON/CZK rate has ranged between 4.5804 and 4.8170 — a change of -3.93% 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.