Convert Romanian Leu to Philippine Peso
Please provide values below to convert Romanian Leu [RON] to Philippine Peso [PHP], or Convert Philippine Peso to Romanian Leu.
How to Convert Romanian Leu to Philippine Peso
1 RON = 0.0761051099095049 PHP
Example: convert 15 RON to PHP:
15 RON = 15 × 0.0761051099095049 PHP = 1.14157664864257 PHP
Romanian Leu to Philippine Peso Conversion Table
| Romanian Leu | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.