RON/SGD: what to know
The RON/SGD rate shows how much SGD you get for 1 RON. Right now, 1 RON buys 0.2819 SGD at the mid-market rate. In the other direction, 1 SGD is worth 3.5478 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while SGD responds to the MAS-managed currency basket.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the RON/SGD rate has ranged between 0.2782 and 0.2984 — a change of -5.85% 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.