RON/XPD: what to know
The RON/XPD rate shows how much XPD you get for 1 RON. Right now, 1 RON buys 0.000169386 XPD at the mid-market rate. In the other direction, 1 XPD is worth 5,903.68 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while XPD responds to auto demand and tight supply.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.