About this pair
RON/INR: what to know
The RON/INR rate shows how much INR you get for 1 RON. Right now, 1 RON buys 21.0851 INR at the mid-market rate. In the other direction, 1 INR is worth 0.0474 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while INR responds to oil prices and capital flows.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the RON/INR rate has ranged between 20.0312 and 21.7791 — a change of +2.83% 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.