Convert New Zealand Dollar to Romanian Leu
Please provide values below to convert New Zealand Dollar [NZD] to Romanian Leu [RON], or Convert Romanian Leu to New Zealand Dollar.
How to Convert New Zealand Dollar to Romanian Leu
1 NZD = 0.385130145837179 RON
Example: convert 15 NZD to RON:
15 NZD = 15 × 0.385130145837179 RON = 5.77695218755769 RON
New Zealand Dollar to Romanian Leu Conversion Table
| New Zealand Dollar | Romanian Leu |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.