Convert USD to RON: US Dollars to Romanian Lei Exchange Rate

If you’re looking to convert US Dollars (USD) to Romanian Lei (RON), it’s important to stay up-to-date with the current exchange rate. As of Jun 19, 2024 at 08:28 UTC, the mid-market rate for USD to RON is 4.63818. This means that 1 USD is equal to 4.63818 RON.

Keep in mind that the mid-market rate is used for informational purposes only and does not necessarily reflect the actual rate you’ll receive when exchanging currency. Factors such as exchange fees, currency fluctuations, and the amount being converted can all impact the final rate.

Today’s USD/RON Mid-Market Rate

The mid-market rate, also known as the interbank rate, is the rate at which banks trade currency with each other. It’s considered the fairest exchange rate available, as it doesn’t include any additional fees or markups. However, most currency exchange providers will add a margin on top of the mid-market rate to generate profit.

To get an idea of how much Romanian Lei you’ll receive for a given amount of US Dollars, use a currency converter tool. Simply enter the amount of USD you wish to convert, and the tool will display the equivalent amount in RON based on the current mid-market rate.

30-Day High, Low and Average USD to RON Rates

Over the past 30 days, the exchange rate for USD to RON has fluctuated. The highest rate during this period was 4.6526, while the lowest rate was 4.5614. On average, the exchange rate for the last 30 days has been 4.6004.

Understanding these 30-day rates can help you determine the best time to convert your US Dollars to Romanian Lei. If the current rate is closer to the 30-day high, you may want to wait for a potential dip before converting. Conversely, if the rate is near the 30-day low, it may be a good time to convert your currency.

90-Day High, Low and Average USD to RON Rates

Looking at a longer time frame can provide a more comprehensive view of the USD to RON exchange rate trends. Over the past 90 days, the highest rate was 4.6848, and the lowest rate was 4.5463. The average exchange rate during this period was 4.6145.

Comparing the 30-day and 90-day rates can give you a better sense of the overall trend and help you make a more informed decision when converting your US Dollars to Romanian Lei.

RON to USD: Current Exchange Rate

If you’re looking to convert Romanian Lei (RON) to US Dollars (USD), it’s crucial to have access to the most recent exchange rate. As of Jun 19, 2024 at 08:28 UTC, the mid-market rate for RON to USD is 0.215602. This means that 1 RON is equal to 0.215602 USD.

It’s important to remember that the mid-market rate is used for informational purposes only and may not reflect the actual rate you’ll receive when exchanging currency. Factors such as exchange fees, currency fluctuations, and the amount being converted can all influence the final rate.

Today’s RON/USD Mid-Market Rate

The mid-market rate, also referred to as the interbank rate, is the rate at which banks trade currency with each other. It’s considered the most equitable exchange rate available, as it doesn’t include any additional fees or markups. However, most currency converters will add a margin on top of the mid-market rate to generate profit.

To get an idea of how many US Dollars you’ll receive for a given amount of Romanian Lei, use a currency converter tool. Simply enter the amount of RON you wish to convert, and the tool will display the equivalent amount in USD based on the current mid-market rate.

30-Day High, Low and Average RON to USD Rates

Over the past 30 days, the exchange rate for RON to USD has varied. The highest rate during this period was 0.219376, while the lowest rate was 0.215097. On average, the exchange rate for the last 30 days has been 0.217391.

Understanding these 30-day rates can help you determine the best time to convert your Romanian Lei to US Dollars. If the current rate is closer to the 30-day high, it may be a good time to convert your currency. Conversely, if the rate is near the 30-day low, you may want to wait for a potential increase before converting.

90-Day High, Low and Average RON to USD Rates

Looking at a longer time frame can provide a more comprehensive view of the RON to USD exchange rate trends. Over the past 90 days, the highest rate was 0.220046, and the lowest rate was 0.213348. The average exchange rate during this period was 0.216854.

Comparing the 30-day and 90-day rates can give you a better sense of the overall trend and help you make a more informed decision when converting your Romanian Lei to US Dollars.

Romanian Currency Overview

The official currency in Romania is the Romanian Leu (RON). The Romanian Leu is divided into 100 bani, with banknotes issued in denominations of 1, 5, 10, 50, 100, 200, and 500 lei. Coins are available in denominations of 1, 5, 10, and 50 bani.

Romania is not part of the Eurozone, so the Euro (EUR) is not widely accepted as a form of payment in the country. However, some larger hotels, restaurants, and tourist attractions in major cities may accept Euros, but it’s always best to have Romanian Lei on hand for everyday transactions.

Romanian Leu Currency Code and Symbol

The currency code for the Romanian Leu is RON, and the currency symbol is lei. When dealing with currency exchange or making transactions in Romania, you’ll often see the code RON used to denote the Romanian Leu.

It’s important to familiarize yourself with the currency code and symbol to avoid confusion when exchanging money or making purchases in Romania.

Denominations of Romanian Leu Banknotes and Coins

Romanian Leu banknotes are available in the following denominations:

1 leu
5 lei
10 lei
50 lei
100 lei
200 lei
500 lei

Coins are issued in the following denominations:

1 ban
5 bani
10 bani
50 bani

Familiarizing yourself with the various Romanian Leu denominations will make it easier to handle cash transactions during your stay in Romania.

Tips for Currency Exchange in Romania

When traveling to Romania, it’s essential to have a plan for exchanging your currency into Romanian Lei. Here are some tips to help you get the most out of your money exchange experience:

Finding the Best Exchange Rates

To get the best exchange rates, avoid exchanging money at airports or hotels, as they often have less favorable rates and higher fees. Instead, look for reputable exchange offices or banks in the city center or near tourist attractions.

Compare rates at multiple locations before making a transaction, and don’t forget to factor in any commission fees. Using a currency converter tool can help you determine whether an offered rate is fair.

Using Credit Cards and ATMs in Romania

Credit cards are widely accepted in cities and larger towns in Romania, particularly in hotels, restaurants, and shops. However, it’s always a good idea to have some cash on hand for smaller purchases or when traveling to more rural areas.

ATMs are widely available in Romanian towns and cities, and they offer a convenient way to withdraw local currency. Be aware that your bank may charge international transaction fees or ATM fees, so it’s best to check with your bank before your trip.

The Wise Romanian Leu Travel Money Card

One way to avoid transaction fees and get the best exchange rates is by using a Wise travel card. The Wise Romanian Leu Travel Money Card allows you to load multiple currencies onto a single card and convert them at the mid-market rate.

With the Wise card, you can withdraw Romanian Lei from ATMs or make purchases directly with the card without incurring hidden fees or markups. This can help you save money and make your travel experience more hassle-free.

Sending Money to Romania

If you need to send money to Romania, whether for personal reasons or business transactions, there are several options available:

International Money Transfers with Your Bank

Most banks offer international money transfer services, allowing you to send funds from your account to a Romanian bank account. However, banks often charge high fees and offer less competitive exchange rates compared to other options.

Before initiating a bank transfer, be sure to compare the fees and exchange rates with other providers to ensure you’re getting the best deal.

Online Money Transfer Services for Sending Money to Romania

Online money transfer services, such as Wise, offer a more cost-effective and efficient way to send money to Romania. These services typically provide better exchange rates and lower fees compared to traditional banks.

With Wise transfers, you can send money from your bank account or debit/credit card to a Romanian bank account at the mid-market rate. The recipient will receive the funds in their local currency, and you’ll have access to a transparent fee structure and real-time tracking of your transfer.

See also:

Convert USD to RON: US Dollars to Romanian Lei Exchange Rate