Romanian Leu

Romanian Leu

The Romanian leu (Romanian pronunciation: [lew], plural lei [lej]; sign: L; ISO 4217 code RON; numeric code 946) is the currency of Romania. It is subdivided into 100 bani (Romanian pronunciation: [banʲ], singular: ban, Romanian pronunciation: [ban]). The word "bani" is also used for "money" in the Romanian language.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

2 Romanian Leu to Australian Dollar exchange rates chart

2 RON to AUD exchange rates graph
2 RON to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 RON to AUD exchange rates table

Exchange RON to AUD
2 Romanian Leu = 0.684 Australian Dollar
4 Romanian Leu = 1.368 Australian Dollar
10 Romanian Leu = 3.421 Australian Dollar
20 Romanian Leu = 6.841 Australian Dollar
Exchange Romanian Leu to Australian Dollar
2 Romanian Leu to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

2 RON to AUD exchange rates news

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2 RON to AUD currency converter