About this pair
RON/UAH: what to know
The RON/UAH rate shows how much UAH you get for 1 RON. Right now, 1 RON buys 9.8110 UAH at the mid-market rate. In the other direction, 1 UAH is worth 0.1019 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while UAH responds to the economic situation and international support.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus.
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.