UAH/RON: what to know
The UAH/RON rate shows how much RON you get for 1 UAH. Right now, 1 UAH buys 0.1019 RON at the mid-market rate. In the other direction, 1 RON is worth 9.8110 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while RON responds to regional sentiment and euro moves.
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. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
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.