RON to KRW - Convert Romanian New Leu to South Korean Won

Convert RON to KRW using our currency converter with real exchange rate today

1 RON = 290.547 KRW

1 KRW = 0.003 RON

(Mid-market exchange rate)

Last updated Mar 02, 2024 04:37 GMT

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RON to KRW conversion chart

Below is the live and historical Romanian New Leu to South Korean Won rate chart so you can see today's rate - and how the rates have changed over time.

1 RON = 290.547 KRW

1,000 Romanian New Leu to South Korean Won stats | RON to KRW

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 291.584 291.584 293.943 299.601 291.584
Low 289.184 286.21 284.295 277.01 286.21
Average 290.748 289.062 288.683 288.019 289.062
Volatility 0.83% 1.88% 3.39% 8.16% 1.88%

What is the Romanian New Leu worth against the South Korean Won today?

1 RON is worth 290.547 KRW today

How much is 1,000 RON worth in KRW?

At the current exchange rate of 290.547 , a sum of 1,000 Romanian New Leu is worth 290,547 South Korean Won.

Which currency is stronger? RON or KRW?

The Romanian New Leu is currently stronger than the South Korean Won given that 1 RON is equal to 290.547 KRW. Conversely, 1 KRW is worth 0.003 RON.

Overview of RON to KRW Performance and Trends

Today, to buy 1,000 Romanian New Leu, you need 290,547 South Korean Won. On the same date last year, you needed 282,914 South Korean Won for 1,000 Romanian New Leu. This change indicates that the Romanian New Leu has become stronger against the South Korean Won by 2.75% over the past year.

The pair experienced moderate volatility of 8.16%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

RON to KRW Currency Performance and Volatility

Last 7 Days

  • Performance: lei1,000 varied between ₩289.184 (weekly low) and ₩291.584 (weekly high), a variance of ₩2.4 .
  • Volatility: Fluctuated by 0.83%.

Last 30 Days

  • Performance: lei1,000 varied between ₩286.21 (30-day low) to ₩291.584 (30-day high), a variance of ₩5.374 .
  • Volatility: Fluctuated by 1.88%.

Last 90 Days

  • Performance: lei1,000 varied between ₩284.295 (90-day low) to ₩293.943 (90-day high), a variance of ₩9.648 .
  • Volatility: Fluctuated by 3.39%.

Last Year

  • Performance: lei1,000 ranged from ₩277.01 (yearly low) to ₩299.601 (yearly high), a variance of ₩22.591 .
  • Volatility: Fluctuated by 8.16%.

RON to KRW Forecast and trending

Is the Romanian New Leu going up or down against the South Korean Won?

Today's RON to KRW exchange rate (290.547) is smaller compared to yesterday's rate (290.584).

Currency information

RON - Romanian New Leu

The currency code for Romanian New Leu is RON.

The RON currency symbol is lei.

Minor unit: 1/100 = Ban

RON rank by most traded currencies: 35

Avg proportion of daily world trade volume: 0.05%

RON rank by strongest currencies (buying power): 39

The Romanian New Leu is the currency of 1 countries:
Romania

KRW - South Korean Won

The currency code for South Korean Won is KRW.

The KRW currency symbol is ₩.

Minor unit: 1/100 = Jeon

KRW rank by most traded currencies: 12

Avg proportion of daily world trade volume: 0.95%

KRW rank by strongest currencies (buying power): 127

The South Korean Won is the currency of 1 countries:
South Korea

Understanding RON to KRW Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Romanian New Leu to South Korean Won, to send a payment, for a trip overseas, when shopping online or to hold a balance in South Korean Won.

How to convert RON to KRW?

You can convert Romanian New Leu to South Korean Won either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your South Korean Won in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Romanian New Leu cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your South Korean Won in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Romanian New Leu you want to send, or the amount in South Korean Won you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in South Korean Won

How to get the best RON to KRW exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best RON to KRW exchange rate for your specific transaction.

Get to know the RON/KRW mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the RON/KRW mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Romanian New Leu and South Korean Won. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Romanian New Leu with South Korean Won?

You'll be able to exchange South Korean Won to Romanian New Leu in the same way as you'd exchange Romanian New Leu to South Korean Won. If you have South Korean Won in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for South Korean Won. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Romanian New Leu in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange RON to KRW?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Romanian New Leu to South Korean Won (RON to KRW)

How much is the Romanian New Leu to South Korean Won?

The Romanian New Leu to South Korean Won exchange rate today is 290.547 . Use this guide to learn more about exchanging RON to KRW in the easiest and best value way for your specific needs.

How much is 1,000 Romanian New Leu to the South Korean Won?

The RON to KRW rate today is 290.547 . That means that 1,000 Romanian New Leu would be worth 290,547 South Korean Won.

How to exchange Romanian New Leu to South Korean Won?

Exchange RON to KRW in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including RON to KRW.

How to send money to South Korea?

If you want to send money from the Romania - or anywhere else in the world - to South Korea, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to South Korea - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like South Korean Won and Romanian New Leu on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Romanian New Leu to South Korean Won exchange rate with our handy tools, to help you compare your options.

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