About this pair
XPD/RON: what to know
The XPD/RON rate shows how much RON you get for 1 XPD. Right now, 1 XPD buys 5,903.68 RON at the mid-market rate. In the other direction, 1 RON is worth 0.000169386 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while RON responds to regional sentiment and euro moves.
Palladium is used mainly in petrol-engine catalytic converters. 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.