RON/ETH: what to know
The RON/ETH rate shows how much ETH you get for 1 RON. Right now, 1 RON buys 0.0000880099 ETH at the mid-market rate. In the other direction, 1 ETH is worth 11,362.35 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while ETH responds to network activity and crypto-market sentiment.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the RON/ETH rate has ranged between 0.0000488600 and 0.000138745 — a change of +79.83% 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.