How can I get the best exchange rate between the US dollar and the Romanian leu?
The most popular Romanian leu currency exchange is the euro followed by the US dollar. If you’re traveling to Romania, having cash in hand is recommended. Although euros may be accepted at some hotels, you’ll need leu for most other purchases. To get a competitive exchange rate, you can:
Get cash at a local ATM with a travel friendly card that has low fees
Bring US dollars in cash and exchange them at a foreign exchange booth in the capital of Bucharest
People looking to wire money should use an online money transfer service to get best exchange rate and lowest service fees.
The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
$1, $5, $10, $20, $50, $100
1c, 5c, 10c, 25c, 50c
The Romanian leu is the official currency of Romania. Though it joined the EU in 2007, Romania continues to use the leu and is expected to adopt the euro in the future.
1 leu, 5, 10, 50, 100, 200, 500 lei
1 ban, 5, 10, 50 bani
What affects exchange rates between the US dollar and the Romanian leu?
Since the Romanian leu uses the euro as its reference currency, the exchange rate between the leu and dollar is heavily influenced by the exchange rate between USD and EUR. The following factors dealing with Romania also influence the exchange rate:
The Romanian government’s efforts to make the leu more stable against the euro in order to be adopted into the euro zone can affect the exchange rate between the leu and the dollar as well.
Send money from USD to RON
How does the Romanian leu trade against the US dollar historically?
Overall, the Romanian leu has depreciated by nearly 50 percent against the US dollar between early 2008 and early 2018
In 2003, the National Bank of Romania changed the reference currency to the euro from the US dollar in an attempt to gain euro zone membership in the future. Partly because of this, RON has been quite volatile against USD over the past decade, fluctuating between 2.22 lei per dollar and 4.38 lei per dollar.
Since March 2017, the Romanian leu has again strengthened against the US dollar, moving from 4.30 lei per dollar in March 2017 to 3.72 lei per dollar in February of 2018.
US Dollar to the Romanian Leu for the last 10 days
1 USD =
US Dollar to the Romanian Leu for the last 10 months
1 USD =
US Dollar to the Romanian Leu for the last 10 years
Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.
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