RON/THB: what to know
The RON/THB rate shows how much THB you get for 1 RON. Right now, 1 RON buys 7.2950 THB at the mid-market rate. In the other direction, 1 THB is worth 0.1371 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while THB responds to tourism and trade flows.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
Over the past 12 months the RON/THB rate has ranged between 7.1391 and 7.5211 — a change of -1.01% 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.