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base info Synternet

Synternet to Romanian Leu Converter and calculator

Convert 1Synternet (NOIA) to Romanian Leu (RON) equals lei 0.7430 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Synternet(NOIA) to Romanian Leu(RON). This is the real-time data. The current conversion shows 1 NOIA at a value of 1 NOIA for 0.74 RON . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

RON information

About the Romanian Leu (RON)

What Is the Romanian Leu (RON)?

The Romanian Leu, abbreviated as RON and often denoted by the currency sign “lei”, is the official currency of Romania. It is subdivided into 100 smaller units known as bani. The term "leu" means "lion" in Romanian, reflecting its historical origins linked to the Dutch thaler (leeuwendaalder "lion thaler/dollar"). The Romanian Leu is the sole legal tender in Romania, and it is used for all transactions within the country.

The Romanian Leu is issued by the National Bank of Romania (Banca Națională a României), which is responsible for the country's monetary policy, including the issuance and regulation of its currency. The National Bank of Romania plays a crucial role in maintaining the stability and integrity of the Romanian financial system.

What Is the History of RON?

The Leu has undergone several transformations since its first introduction in 1867. The currency has experienced multiple revaluations, the most recent being in 2005, where 10,000 old lei (ROL) were exchanged for one new leu (RON). This change aimed to align the Romanian currency with Western European standards and improve the country's economic prospects.

Notes and Coins of RON

Romanian currency is available in both coins and banknotes. Frequently used coins include 5, 10, and 50 bani, while the banknotes in circulation are 1, 5, 10, 50, and 100 lei. The banknotes are known for their durability, made from a strong polymer material, making them indestructible.

Is RON Pegged to EUR?

No, the Romanian Leu (RON) is not pegged to the Euro. Romania, despite being a member of the European Union, has its own independent monetary policy, and the Leu operates on a floating exchange rate system. This means that the value of the Romanian Leu is determined by market forces, such as supply and demand in the foreign exchange market, rather than being directly linked or pegged to the Euro or any other currency.

Will Romania Adopt the Euro as Its Currency?

Romania has set a target to adopt the Euro by 2024. The country, a member of the European Union since 2007, has expressed intentions to join the Eurozone, which would involve replacing the Romanian Leu (RON) with the Euro. However, for a member state to adopt the Euro, it must meet certain convergence criteria, often referred to as the Maastricht criteria. Romania has been working towards meeting these criteria, but as of January 2024, it has not yet fulfilled all the necessary conditions.

Is RON a Stable Currency?

The Romanian Leu (RON) had demonstrated relative stability, especially in the context of its recent history. The exchange rates of the Leu against major currencies like the Euro and the British Pound had been fairly consistent, with the average exchange rate in 2023 hovering around 1 EUR to 4.9 RON and 1 GBP to 5.7 RON. This stability is indicative of Romania's growing economic resilience and effective monetary policies. While the Leu had experienced significant fluctuations in the past, particularly during the post-communist transition period, the National Bank of Romania's efforts in recent years have contributed to a more stable currency environment.

What Is the Difference Between ROL and RON?

In 2005, Romania underwent a significant currency reform, transitioning from the old Romanian leu (ROL) to the new Romanian leu (RON) through a process of redenomination. This change was introduced at a rate of 1 RON = 10,000 ROL, primarily to combat high inflation and simplify financial transactions. Along with this shift in value, the new leu featured updated banknotes and coins, distinct in design and enhanced with modern security features to prevent counterfeiting. This currency reform was a crucial part of broader economic reforms aimed at stabilizing the Romanian economy, reducing inflation, and facilitating closer integration with the European Union and international economic systems. During the transition, both currencies circulated simultaneously to ease the adaptation process. The change also included an update on the international currency symbol from ROL to RON, reflecting a new era in Romania's economic development.

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Bitget crypto-to-fiat exchange data shows that the most popular Synternet currency pair is the NOIA to RON, with for Synternet's currency code being NOIA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for RON.

NOIA to RON conversion rate trend

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In the past 1D, Synternet has changed -1.32% to RON. Based on the trend and price charts, Synternet(NOIA) has changed -1.32% to RON while Romanian Leu(RON) has changed % to NOIA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
lei0.7430
0.0001% / 0.0004%vip-iconVIP
Huobi
lei0.7427
0.1000% / 0.1000%
Yes
Gate.io
lei0.7437
0.1000% / 0.1000%
Yes
KuCoin
lei0.7482
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 21:00:19(UTC+0)

How to buy Synternet

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Use a variety of payment options to buy Synternet on Bitget. We'll show you how.

What factors influence the conversion rate of Synternet to Romanian Leu?

Synternet to Romanian Leu is falling this week.
Synternet's current market price is lei 0.7430 per NOIA, with a total market cap of lei 542,036,789.22 RON based on a circulating supply of 729,553,100 NOIA. The trading volume of Synternet has changed by -30.34% (lei -1,764,456.36 RON) in the last 24 hours. Last trading day, NOIA's trading volume was lei 5,816,569.52.
Market cap
$118.08M
24h volume
$882.74K
Circulating supply
729.55M NOIA

Conversion tables

The exchange rate of Synternet is decreasing.
1 NOIA is currently valued at lei 0.7430 RON , which means buying 5 NOIA will cost lei 3.71 RON . Similarly, lei1 RON can be traded for 1.35 NOIA, and lei50 RON can be converted to 67.3 NOIA, excluding any platform or gas fees.
The exchange rate of 1 NOIA to Romanian Leu has changed by -11.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.32%, reaching a high of 0.7587 RON and a low of 0.7294 RON . One month ago, the value of 1 NOIA was lei 1.09 RON , which represents a -31.75% change from its current value. Over the last year, Synternet has changed by
+lei
0.5224RON
, resulting in a change of +235.88% in its value.

NOIA to RON

Amount
21:24 today
0.5 NOIA
lei0.3715
1 NOIA
lei0.7430
5 NOIA
lei3.71
10 NOIA
lei7.43
50 NOIA
lei37.15
100 NOIA
lei74.3
500 NOIA
lei371.49
1000 NOIA
lei742.97

RON to NOIA

Amount21:24 today
0.5RON0.6730  NOIA
1RON1.35  NOIA
5RON6.73  NOIA
10RON13.46  NOIA
50RON67.3  NOIA
100RON134.59  NOIA
500RON672.97  NOIA
1000RON1,345.95  NOIA
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Today vs. 24 hours ago

Amount21:24 today24 hours ago24h change
0.5 NOIA$0.08093$0.08201
-1.32%
1 NOIA$0.1619$0.1640
-1.32%
5 NOIA$0.8093$0.8201
-1.32%
10 NOIA$1.62$1.64
-1.32%
50 NOIA$8.09$8.2
-1.32%
100 NOIA$16.19$16.4
-1.32%
500 NOIA$80.93$82.01
-1.32%
1000 NOIA$161.85$164.02
-1.32%

Today vs. 1 month ago

Amount21:24 today1 month ago1M change
0.5 NOIA$0.08093$0.1186
-31.75%
1 NOIA$0.1619$0.2372
-31.75%
5 NOIA$0.8093$1.19
-31.75%
10 NOIA$1.62$2.37
-31.75%
50 NOIA$8.09$11.86
-31.75%
100 NOIA$16.19$23.72
-31.75%
500 NOIA$80.93$118.62
-31.75%
1000 NOIA$161.85$237.24
-31.75%
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Today vs. 1 year ago

Amount21:24 today1 year ago1Y change
0.5 NOIA$0.08093$0.02403
+235.88%
1 NOIA$0.1619$0.04805
+235.88%
5 NOIA$0.8093$0.2403
+235.88%
10 NOIA$1.62$0.4805
+235.88%
50 NOIA$8.09$2.4
+235.88%
100 NOIA$16.19$4.81
+235.88%
500 NOIA$80.93$24.03
+235.88%
1000 NOIA$161.85$48.05
+235.88%

Synternet price prediction

What will the price of NOIA be in 2025?

Based on NOIA's historical price performance prediction model, the price of NOIA is projected to reach $0.2314 in 2025.

What will the price of NOIA be in 2030?

In 2030, the NOIA price is expected to rise by +1.00%. By the end of 2030, the NOIA price is projected to reach $0.3970, with a cumulative ROI of +145.31%.
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Synternet and RON.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Synternet and RON. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Synternet in RON, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.