Convert US Dollar to Romanian Leu
Convert US Dollar (USD) to Romanian Leu (RON) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About US Dollar
The US Dollar (USD) is the world's primary reserve currency, used in approximately 88% of all foreign exchange transactions globally. Introduced in 1792 with the Coinage Act, the dollar became the cornerstone of the international monetary system under the 1944 Bretton Woods Agreement. Even after the gold standard was abandoned in 1971, the dollar maintained its dominant status - oil and most global commodities are priced in dollars, and major sovereign debt is primarily denominated in USD. The Federal Reserve System (Fed) manages US monetary policy.
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.
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).