About this pair
SEK/RON: what to know
The SEK/RON rate shows how much RON you get for 1 SEK. Right now, 1 SEK buys 0.4670 RON at the mid-market rate. In the other direction, 1 RON is worth 2.1415 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while RON responds to regional sentiment and euro moves.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the SEK/RON rate has ranged between 0.4584 and 0.4876 — 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.