Convert Romanian Leu to Norwegian Krone
Convert Romanian Leu (RON) to Norwegian Krone (NOK) using daily updated exchange rates.
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Exchange Rate
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About Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, with "leu" meaning "lion" in Romanian. A redenomination occurred in 2005 where 10,000 old lei (ROL) became 1 new leu (RON). The National Bank of Romania manages monetary policy. Romania is an EU member since 2007 and is preparing to adopt the Euro, though no firm date has been set. Romania has a medium-sized economy in Southeast Europe with strong agricultural, manufacturing (automotive - Dacia/Renault), and IT services sectors. The leu is divided into 100 bani.
About Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway and is managed by Norges Bank with an inflation-targeting floating exchange rate regime. Norway is one of the world's wealthiest countries, with a massive sovereign wealth fund - the Government Pension Fund Global, the world's largest sovereign wealth fund at over one trillion US Dollars - built from North Sea oil revenues. This "oil fund" provides a financial buffer against commodity price cycles. Norway is not an EU member but participates in the European Economic Area.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).