About this pair
RON/SEK: what to know
The RON/SEK rate shows how much SEK you get for 1 RON. Right now, 1 RON buys 2.1415 SEK at the mid-market rate. In the other direction, 1 SEK is worth 0.4670 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while SEK responds to European growth and euro moves.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the RON/SEK rate has ranged between 2.0509 and 2.1814 — a change of -0.68% 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.