RON/HUF: what to know
The RON/HUF rate shows how much HUF you get for 1 RON. Right now, 1 RON buys 69.2040 HUF at the mid-market rate. In the other direction, 1 HUF is worth 0.0145 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while HUF responds to Hungarian central-bank policy and regional sentiment.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence.
Over the past 12 months the RON/HUF rate has ranged between 66.8086 and 77.7534 — a change of -9.72% 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.