This conversion rate highlights the lower valuation of the Romanian Leu compared to the Euro, making Romania an affordable destination for those earning in stronger currencies.
For European visitors, especially from Eurozone countries, Romania is budget-friendly:
Romania is part of the EU but has not yet adopted the Euro. This means visitors use RON directly, though many tourist spots display prices in both RON and EUR. The lower exchange rate often benefits tourists, while Romanians earning in Leu face challenges when traveling or shopping abroad in Eurozone countries.
The Romanian Leu has remained relatively stable over the past years, thanks to EU integration and growing foreign investment. However, since it’s weaker than the Euro, people often diversify into stronger currencies or crypto. Platforms like Gate.com make it easier for global investors to explore crypto assets as a hedge against fiat volatility.
1. What is the current RON to EUR exchange rate?
1 RON = 0.20 EUR.
2. Is Romania cheap for travelers using Euros?
Yes, Romania is considered one of Europe’s most affordable destinations.
3. Does Romania use the Euro?
No, Romania still uses the Romanian Leu (RON), though the Euro is often accepted in tourist hubs.
4. Is Romania safe for European travelers?
Yes, Romania is generally safe, especially in major cities and tourist destinations.
5. Can Romanians protect their savings against currency risk?
Yes, many choose to save in Euros or explore assets like Bitcoin and Ethereum through exchanges such as Gate.com.
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