1. Exchange Rates
  2. Romanian Leu (RON)
  3. Australian dollar (AUD)

Convert RON to AUD at Best Exchange Rates


There are three amounts that you need to understand if you are to have any chance of getting the best possible RON to AUD rate, these are :

  1. The RON/AUD foreign exchange market mid-rate
  2. The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider
  3. Any fixed or percentage fees for your transfer or currency exchange.

1 Romanian Leu equals
Australian dollar 1=


Right now the RON/AUD market rate is and represents how many Australian dollar you can get for one Romanian Leu. You can calculate with the current mid-rate using our RON to AUD calculator below but note the rate will most likely be quite different by the time you make you currency exchange.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.



Why can't I just get the same RON/AUD market rate I see on Google or in the Media?

When you look up the current Romanian Leu to Australian dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great RON to AUD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below RON to AUD calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Romanian Leu cross rates and reviews of leading foreign exchange providers versus the Banks.

RON to AUD mid-rate calculator

lei
$
1 RON equals
AUD 1RON=AUD

Loading RON/AUD Chart

Australian dollar - Recent Performance

Against the US dollar, having climbed to a 28-month high above 0.81 in September, the Australian dollar spent much of the next five weeks losing value. AUD fell roughly three cents by mid-October to 0.782. The Aussie’s year-to-date gain over USD remained close to 9%.

Against the New Zealand dollar, AUD fell back from September’s high of 1.115 to 1.09 by October 17th, but was still up 5% on the year.

In October, Australian Treasurer Scott Morrison expressed no discomfort with the higher valuation of the Australian dollar. Morrison suggested that Australian exporters had adapted to the higher currency.

Morrison’s view differed slightly from that of the RBA, which continued to suggest within its monetary policy statements that it would like to see AUD weaken. At each of its August, September and October meetings, the RBA said that the currency’s higher value “is expected to contribute to subdued price pressures in the economy…[and] is weighing on the outlook for output and employment.”

In September, Dutch bank ABN Amro predicted that AUD/USD would rise to 0.9 by the end of 2018. As reasons for the pair’s climb, ABN cited “strong conviction” on future US dollar weakness, future commodity price rises, an improvement in global trade and potential rate hikes by the RBA.

The long-term technical outlook for the Aussie supports ABN’s view. On the monthly AUD/USD chart, July’s clean break from a crisp triangle (or pennant) pattern suggests higher prices ahead over the next twelve months.

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