About this pair
RON/JPY: what to know
The RON/JPY rate shows how much JPY you get for 1 RON. Right now, 1 RON buys 35.1948 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.0284 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while JPY responds to Bank of Japan policy and global risk appetite.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Over the past 12 months the RON/JPY rate has ranged between 33.5813 and 36.8169 — a change of +5.79% 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.