1 RON = 12.424 PHP
1 PHP = 0.08 RON
(Mid-market exchange rate)
Last updated Sep 19, 2024 05:34 GMT
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Below is the live and historical Romanian New Leu to Philippine Peso rate chart so you can see today's rate - and how the rates have changed over time.
1 RON = 12.424 PHP
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 12.509 | 12.658 | 12.828 | 12.864 | 12.658 |
Low | 12.398 | 12.389 | 12.413 | 11.95 | 12.389 |
Average | 12.465 | 12.537 | 12.635 | 12.363 | 12.537 |
Volatility | 0.9% | 2.17% | 3.34% | 7.65% | 2.17% |
1 RON is worth 12.424 PHP today
At the current exchange rate of 12.424 , a sum of 1,000 Romanian New Leu is worth 12,424 Philippine Peso.
The Romanian New Leu is currently stronger than the Philippine Peso given that 1 RON is equal to 12.424 PHP. Conversely, 1 PHP is worth 0.08 RON.
Today, to buy 1,000 Romanian New Leu, you need 12,424 Philippine Peso. On the same date last year, you needed 12,192 Philippine Peso for 1,000 Romanian New Leu. This change indicates that the Romanian New Leu has become stronger against the Philippine Peso by 1.89% over the past year.
The pair experienced moderate volatility of 7.65%.
Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.
Today's RON to PHP exchange rate (12.424) is smaller compared to yesterday's rate (12.465).
1 RON | 12.42400 PHP |
5 RON | 62.12000 PHP |
10 RON | 124.24000 PHP |
20 RON | 248.48000 PHP |
25 RON | 310.60000 PHP |
50 RON | 621.20000 PHP |
100 RON | 1,242.40000 PHP |
250 RON | 3,106.00000 PHP |
500 RON | 6,212.00000 PHP |
1,000 RON | 12,424.00000 PHP |
2,000 RON | 24,848.00000 PHP |
5,000 RON | 62,120.00000 PHP |
10,000 RON | 124,240.00000 PHP |
1 PHP | 0.08049 RON |
5 PHP | 0.40245 RON |
10 PHP | 0.80489 RON |
20 PHP | 1.60979 RON |
25 PHP | 2.01223 RON |
50 PHP | 4.02447 RON |
100 PHP | 8.04894 RON |
250 PHP | 20.12234 RON |
500 PHP | 40.24469 RON |
1,000 PHP | 80.48938 RON |
2,000 PHP | 160.97875 RON |
5,000 PHP | 402.44688 RON |
10,000 PHP | 804.89375 RON |
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
The currency code for Philippine Peso is PHP.
The PHP currency symbol is ₱.
Minor unit: 1/100 = Sentimo
PHP rank by most traded currencies: 31
Avg proportion of daily world trade volume: 0.10%
PHP rank by strongest currencies (buying power): 82
The Philippine Peso is the currency of 1 countries:
Philippines
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 Philippine Peso, to send a payment, for a trip overseas, when shopping online or to hold a balance in Philippine Peso.
You can convert Romanian New Leu to Philippine Peso 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 Philippine Peso 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:
Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:
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 PHP exchange rate for your specific transaction.
Get to know the RON/PHP 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/PHP 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 Philippine Peso. 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.
You'll be able to exchange Philippine Peso to Romanian New Leu in the same way as you'd exchange Romanian New Leu to Philippine Peso. If you have Philippine Peso 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 Philippine Peso. 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.
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.
RON | USD | EUR | CAD | AUD | GBP | SGD | CHF | INR | |
---|---|---|---|---|---|---|---|---|---|
To RON | - | 4.48996 | 4.97570 | 3.29276 | 3.02758 | 5.91444 | 3.45545 | 5.28282 | 0.05361 |
To USD | 0.22272 | - | 1.10755 | 0.73475 | 0.67875 | 1.31905 | 0.77211 | 1.17834 | 0.01195 |
To EUR | 0.20098 | 0.90289 | - | 0.66168 | 0.60887 | 1.18870 | 0.69444 | 1.05987 | 0.01078 |
To CAD | 0.30370 | 1.36100 | 1.51131 | - | 0.92106 | 1.79582 | 1.05026 | 1.60260 | 0.01625 |
To AUD | 0.33030 | 1.47330 | 1.64240 | 1.08571 | - | 1.94651 | 1.13705 | 1.73477 | 0.01761 |
To GBP | 0.16908 | 0.75812 | 0.84126 | 0.55685 | 0.51374 | - | 0.58458 | 0.89234 | 0.00906 |
To SGD | 0.28940 | 1.29515 | 1.44001 | 0.95215 | 0.87947 | 1.71063 | - | 1.52613 | 0.01548 |
To CHF | 0.18929 | 0.84865 | 0.94351 | 0.62399 | 0.57645 | 1.12065 | 0.65525 | - | 0.01014 |
To INR | 18.65410 | 83.66940 | 92.76030 | 61.53530 | 56.79060 | 110.39100 | 64.61960 | 98.59880 | - |
The Romanian New Leu to Philippine Peso exchange rate today is 12.424 . Use this guide to learn more about exchanging RON to PHP in the easiest and best value way for your specific needs.
The RON to PHP rate today is 12.424 . That means that 1,000 Romanian New Leu would be worth 12,424 Philippine Peso.
Exchange RON to PHP 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 PHP.
If you want to send money from Romania - or anywhere else in the world - to Philippines, 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 Philippines - plus, you'll be able to get everything arranged with just your laptop or phone.
The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Philippine Peso 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 Philippine Peso exchange rate with our handy tools, to help you compare your options.
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