About this pair
XAG/RON: what to know
The XAG/RON rate shows how much RON you get for 1 XAG. Right now, 1 XAG buys 292.1015 RON at the mid-market rate. In the other direction, 1 RON is worth 0.00342347 XAG.
In the short term XAG is driven mainly by industrial demand and precious-metal trends, while RON responds to regional sentiment and euro moves.
“XAG” uses silver’s Latin symbol Ag (argentum). The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
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.