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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

71% of retail investor accounts lose money when trading CFDs with this provider.

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USDRON: Live Price Chart

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[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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High: [[ data.high ]]

About

History

Why trade?

About

History

Why trade?

The US dollar is one of the most widely traded currencies in the world and it is accepted by countries around the globe. The Romanian leu (RON) is the currency of Romania, which has been part of the European Union since 2007.

The USD-RON currency pair is heavily influenced by many factors such as economic performance, geopolitical events, and even central bank decisions. For example, if Romania's economy is growing faster than that of the United States, the value of the RON may increase relative to the USD. On the other hand, if there is a conflict or economic issue in Romania, it could impact its currency and lead to decreased demand for RON.

The exchange rate between the US Dollar (USD) and the Romanian Leu (RON) has fluctuated significantly over the past decade. On 11th July 2008, the lowest exchange rate of 2.04 was recorded, whereas, on 14th October 2022, it reached its peak with a rate of 4.93. As economic stability in Romania has improved over the years, so has the RON exchange rate against the USD. This trend is expected to continue in the foreseeable future, making it a possible attractive currency for investors looking for higher returns.

Trading USD to RON is an attractive option for traders due to the large number of Romanian companies that have international operations. This means that they can take advantage of the favourable exchange rate fluctuations and benefit from any gains. Additionally, Romania has a highly liquid currency market, which makes it easy for traders to make quick trades and capitalize on price movements.

Apart from trading USD to RON, traders should also consider other currencies that are actively traded in the Romanian market such as the Euro (EUR), British Pound (GBP), Swiss Franc (CHF) and Polish Zloty (PLN). These currencies have relatively high liquidity and offer investors good opportunities for both long-term and short-term investments. As well, they provide traders with the chance to take advantage of both directional movements and range-bound markets.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
Min step size [[ data.stepVolume ]]
Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Hassle-free, with flexible trade sizes, and super low spreads!

  • Spreads starting at 0.2!
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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and with low capital investment.

Forex
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage

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Trade on volatility

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Enjoy huge liquidity

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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