SGD/RON: what to know
The SGD/RON rate shows how much RON you get for 1 SGD. Right now, 1 SGD buys 3.5478 RON at the mid-market rate. In the other direction, 1 RON is worth 0.2819 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while RON responds to regional sentiment and euro moves.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the SGD/RON rate has ranged between 3.3515 and 3.5944 — a change of +6.21% 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.