Convert United States Dollar to Romanian Leu
Please provide values below to convert United States Dollar [USD] to Romanian Leu [RON], or Convert Romanian Leu to United States Dollar.
How to Convert United States Dollar to Romanian Leu
1 USD = 0.230755030459664 RON
Example: convert 15 USD to RON:
15 USD = 15 × 0.230755030459664 RON = 3.46132545689496 RON
United States Dollar to Romanian Leu Conversion Table
| United States Dollar | Romanian Leu |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.