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IOEN to RON Converter and calculator

IOEN/RON: 1 IOEN = 0.005340 RON. The price of converting 1 Internet of Energy Network (IOEN) to Romanian Leu (RON) is 0.005340 RON today.
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IOEN
RON
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides IOEN to RON real-time exchange rates, making it easy to convert Internet of Energy Network (IOEN) to Romanian Leu (RON). The conversion result is based on real-time data. The conversion result shows that 1 IOEN is currently valued at 0.01 RON. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IOEN is currently valued at 0.01 RON, which means buying 5 IOEN would cost 0.03 RON. Similarly, lei1 RON can be converted to 187.25 IOEN, and lei50 RON can be converted to 936.24 IOEN, excluding any platform or gas fees.

Convert IOEN to RON

Convert RON to IOEN

Internet of Energy Network
Romanian Leu
In the table above, you'll find a comprehensive IOEN to RON converter that shows the value of Internet of Energy Network in Romanian Leu across commonly used conversion amounts. The list covers conversions from 1 IOEN to RON, all the way up to 10000 IOEN, providing a clear view of their respective values.
Romanian Leu
Internet of Energy Network
1000 RON
187,248.41 IOEN
2000 RON
374,496.83 IOEN
5000 RON
936,242.07 IOEN
10000 RON
1,872,484.14 IOEN
50000 RON
9,362,420.68 IOEN
100000 RON
18,724,841.36 IOEN
In the table above, you'll find a comprehensive RON to IOEN converter that shows the value of Romanian Leu in Internet of Energy Network across commonly used conversion amounts. The list covers conversions from 1 RON to IOEN, all the way up to 100000 RON, providing a clear view of their respective values.

IOEN to RON chart

IOEN/RON: 1 IOEN = 0.005340 RON; 2025/04/26 11:59:22
In the past 1D, Internet of Energy Network has changed -1.23% to RON. Based on the trend and price charts, Internet of Energy Network(IOEN) has changed -1.23% to RON while Romanian Leu(RON) has changed % to IOEN in the last 24 hours.
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IOEN to RON conversion data: Volatility and price changes of Internet of Energy Network in RON

The highest Internet of Energy Network price in RON over the past 7 days was 0.006008 RON while the lowest Internet of Energy Network price in RON over the past 7 days was 0.004440 RON. The relative change between the highs and lows in Internet of Energy Network price in RON over the last 7 days indicates a volatility of %. You can view additional volatility data and IOEN to RON prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.005422 RON
0.006008 RON
0.006241 RON
0.009788 RON
Low
0.005294 RON
0.004440 RON
0.003679 RON
0.003679 RON
Average
0 RON
0 RON
0 RON
0 RON
Volatility
%
%
%
%
Change
-1.23%
+11.16%
-2.56%
-37.67%

Internet of Energy Network information

IOEN to RON market statistics

IOEN/RON:
lei0.005340
IOEN 24h volume:
lei69,615.36
IOEN market cap:
lei1,693,212.83
IOEN circulating supply:
317.05M IOEN

Current IOEN to RON exchange rate

Internet of Energy Network to Romanian Leu is rising this week.
Internet of Energy Network's current market price is lei0.005340 per IOEN, with a total market cap of lei1,693,212.83 RON based on a circulating supply of 317,051,420 IOEN. The trading volume of Internet of Energy Network has changed by +5.31% (lei3,507.49 RON) in the last 24 hours. Last trading day, IOEN's trading volume was lei66,107.88.

More info about Internet of Energy Network on Bitget

Romanian Leu 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.

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

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How to convert IOEN to RON

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IOEN to RON Conversion tables

The exchange rate of Internet of Energy Network is decreasing.
The exchange rate of 1 IOEN to Romanian Leu has changed by +11.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.23%, reaching a high of 0.005422 RON and a low of 0.005294 RON . One month ago, the value of 1 IOEN was lei0.005481 RON , which represents a -2.56% change from its current value. Over the last year, Internet of Energy Network has changed by
-lei
0.008485RON
, resulting in a change of -61.38% in its value.
24 hours ago1 month ago1 year ago
Amount11:59 am today24 hours ago24h change
0.5 IOENlei0.002670lei0.002703
-1.23%
1 IOENlei0.005340lei0.005407
-1.23%
5 IOENlei0.02670lei0.02703
-1.23%
10 IOENlei0.05340lei0.05407
-1.23%
50 IOENlei0.2670lei0.2703
-1.23%
100 IOENlei0.5340lei0.5407
-1.23%
500 IOENlei2.67lei2.7
-1.23%
1000 IOENlei5.34lei5.41
-1.23%

IOEN to RON FAQ

How much is 1 Internet of Energy Network in RON?
Right now, the price of 1 Internet of Energy Network (IOEN) in Romanian Leu (RON) is lei0.005340.
How much IOEN can I buy for 1 RON?
Based on the current exchange rate, you can get 187.25 IOEN for 1 RON.
How do I calculate or convert IOEN to RON?
You can use our IOEN to RON calculator at the top of this page to convert any amount of IOEN to RON. We've also included quick-reference tables for the most popular conversions. For example, 5 RON is equivalent to 936.24 IOEN, while 5 IOEN will cost around 0.02670RON.
What is the highest price of IOEN/RON in history?
The all-time high price of 1 IOEN in RON is lei87,001.49. It remains to be seen if the value of 1 IOEN/RON will exceed the current all-time high.
What is the price trend of Internet of Energy Network in RON?
Over the past 7 days, the exchange rate of Internet of Energy Network (IOEN) has gone up by 11.16%.   Over the last month, the exchange rate of Internet of Energy Network (IOEN) has gone down by 2.56% against Romanian Leu (RON).

What factors influence the conversion rate of IOEN to RON?

There are many factors that affect the relationship between Internet of Energy Network and Romanian Leu, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of IOEN/RON. When there is positive news in the market about the widespread adoption of IOEN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IOEN/RON. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IOEN/RON.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of IOEN/RON. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Internet of Energy Network and adjust their investment strategies accordingly in the evolving market.

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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.