Euro to Romanian Leu Exchange Rate History: 2005–2026
This page provides historical exchange rates for the Romanian leu (RON) against the euro (EUR) and for the euro against the Romanian leu in Germany. It includes historical exchange rate charts, yearly trends, average rates, and historical highs and lows. You can see how the RON/EUR and EUR/RON exchange rates have changed over different periods and compare historical exchange rates by year.
Historical EUR/RON Exchange Rates by Year, 2005–2026
Table 1 shows the historical development of the euro exchange rate against the Romanian leu from 2005 to 2026. For every year, the annual average exchange rate is shown based on official Deutsche Bundesbank data 1. The table also includes the change from the previous year and the change compared with the first year of the period under review. The annual average exchange rate helps illustrate the broader trend of the EUR/RON currency pair without placing too much emphasis on short-term fluctuations on specific dates. Because the data for 2026 is preliminary and updated daily, only completed years from 2005 through 2025 are included in the statistical indicators used to assess long-term exchange rate trends.
In 2025, the average euro exchange rate against the Romanian leu was 5.05 RON per 1 EUR, or 0.20 EUR per 1 RON. Compared with 2005, the Romanian leu depreciated by 28.2 % against the euro, corresponding to an average annual decline of about 1.65 % (CAGR). Over the same period, the euro exchange rate rose by 39.4 % against the Romanian leu 2. The average EUR/RON exchange rate over the entire period was 4.42 RON per 1 EUR (while the average RON/EUR exchange rate was 0.23 EUR per RON), so the latest annual average euro exchange rate is 14.2 % above the long-term average.
During the period under review, the highest annual average RON/EUR rate was 0.30 EUR per 1 RON (equivalent to 3.34 RON per 1 EUR) in 2007, while the lowest was 0.20 EUR per 1 RON (equivalent to 5.05 RON per 1 EUR) in 2025. Overall, the long-term trend indicates that the Romanian leu has weakened against the euro.
Table 1: Annual changes 3 in the euro exchange rate against the Romanian leu
| Year | Exchange rate 1 EUR = ... RON | Change from previous year | Change since 2005 | Exchange rate 1 RON = ... EUR | Trend EUR | Trend RON |
|---|---|---|---|---|---|---|
| 2005 | 3.62 | — iIn 2005, the average euro exchange rate against the Romanian leu was 3.62 RON per 1 EUR, or 0.28 EUR per 1 RON. As this is the first year in the period under review, no year-on-year change is available. There is also no change compared with the base year 2005, as the exchange rate of 1 EUR = 3.62 RON is used as the starting point for comparison. | 0.0 % | 0.28 | ⚖ | ⚖ |
| 2006 | 3.52 | -2.8 % iIn 2006, the average EUR/RON exchange rate was 3.52 RON per 1 EUR, or 0.28 EUR per 1 RON. Compared with the previous year, the euro depreciated by 2.8 % against the Romanian leu, while RON appreciated by 2.9 % against the euro 2. | -2.8 % | 0.28 | ▼ | ▲ |
| 2007 | 3.34 | -5.0 % iIn 2007, the average EUR/RON exchange rate was 3.34 RON per 1 EUR, or 0.30 EUR per 1 RON. Compared with the previous year, the euro depreciated by 5.0 % against the Romanian leu, while RON appreciated by 5.3 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu decreased by 7.7 %, while the value of the Romanian leu against the euro increased by 8.4 %. | -7.7 % | 0.30 | ▼ | ▲ |
| 2008 | 3.69 | +10.4 % iIn 2008, the average EUR/RON exchange rate was 3.69 RON per 1 EUR, or 0.27 EUR per 1 RON. Compared with the previous year, the euro appreciated by 10.4 % against the Romanian leu, while RON depreciated by 9.4 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 1.9 %, while the value of the Romanian leu against the euro decreased by 1.9 %. | +1.9 % | 0.27 | ▲ | ▼ |
| 2009 | 4.24 | +14.9 % iIn 2009, the average EUR/RON exchange rate was 4.24 RON per 1 EUR, or 0.24 EUR per 1 RON. Compared with the previous year, the euro appreciated by 14.9 % against the Romanian leu, while RON depreciated by 13.0 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 17.1 %, while the value of the Romanian leu against the euro decreased by 14.6 %. | +17.1 % | 0.24 | ▲ | ▼ |
| 2010 | 4.21 | -0.7 % iIn 2010, the average EUR/RON exchange rate was 4.21 RON per 1 EUR, or 0.24 EUR per 1 RON. Compared with the previous year, the euro depreciated by 0.7 % against the Romanian leu, while RON appreciated by 0.7 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 16.3 %, while the value of the Romanian leu against the euro decreased by 14.0 %. | +16.3 % | 0.24 | ▼ | ▲ |
| 2011 | 4.24 | +0.7 % iIn 2011, the average EUR/RON exchange rate was 4.24 RON per 1 EUR, or 0.24 EUR per 1 RON. Compared with the previous year, the euro appreciated by 0.7 % against the Romanian leu, while RON depreciated by 0.7 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 17.1 %, while the value of the Romanian leu against the euro decreased by 14.6 %. | +17.1 % | 0.24 | ▲ | ▼ |
| 2012 | 4.45 | +5.0 % iIn 2012, the average EUR/RON exchange rate was 4.45 RON per 1 EUR, or 0.22 EUR per 1 RON. Compared with the previous year, the euro appreciated by 5.0 % against the Romanian leu, while RON depreciated by 4.7 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 22.9 %, while the value of the Romanian leu against the euro decreased by 18.7 %. | +22.9 % | 0.22 | ▲ | ▼ |
| 2013 | 4.42 | -0.8 % iIn 2013, the average EUR/RON exchange rate was 4.42 RON per 1 EUR, or 0.23 EUR per 1 RON. Compared with the previous year, the euro depreciated by 0.8 % against the Romanian leu, while RON appreciated by 0.8 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 22.0 %, while the value of the Romanian leu against the euro decreased by 18.0 %. | +22.0 % | 0.23 | ▼ | ▲ |
| 2014 | 4.44 | +0.5 % iIn 2014, the average EUR/RON exchange rate was 4.44 RON per 1 EUR, or 0.23 EUR per 1 RON. Compared with the previous year, the euro appreciated by 0.5 % against the Romanian leu, while RON depreciated by 0.5 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 22.6 %, while the value of the Romanian leu against the euro decreased by 18.4 %. | +22.6 % | 0.23 | ▲ | ▼ |
| 2015 | 4.44 | +0.1 % iIn 2015, the average EUR/RON exchange rate was 4.44 RON per 1 EUR, or 0.23 EUR per 1 RON. Compared with the previous year, the euro appreciated by 0.1 % against the Romanian leu, while RON depreciated by 0.1 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 22.6 %, while the value of the Romanian leu against the euro decreased by 18.5 %. | +22.6 % | 0.23 | ▲ | ▼ |
| 2016 | 4.49 | +1.2 % iIn 2016, the average EUR/RON exchange rate was 4.49 RON per 1 EUR, or 0.22 EUR per 1 RON. Compared with the previous year, the euro appreciated by 1.2 % against the Romanian leu, while RON depreciated by 1.2 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 24.1 %, while the value of the Romanian leu against the euro decreased by 19.4 %. | +24.1 % | 0.22 | ▲ | ▼ |
| 2017 | 4.57 | +1.8 % iIn 2017, the average EUR/RON exchange rate was 4.57 RON per 1 EUR, or 0.22 EUR per 1 RON. Compared with the previous year, the euro appreciated by 1.8 % against the Romanian leu, while RON depreciated by 1.7 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 26.3 %, while the value of the Romanian leu against the euro decreased by 20.8 %. | +26.3 % | 0.22 | ▲ | ▼ |
| 2018 | 4.66 | +1.8 % iIn 2018, the average EUR/RON exchange rate was 4.66 RON per 1 EUR, or 0.21 EUR per 1 RON. Compared with the previous year, the euro appreciated by 1.8 % against the Romanian leu, while RON depreciated by 1.8 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 28.6 %, while the value of the Romanian leu against the euro decreased by 22.2 %. | +28.6 % | 0.21 | ▲ | ▼ |
| 2019 | 4.75 | +2.0 % iIn 2019, the average EUR/RON exchange rate was 4.75 RON per 1 EUR, or 0.21 EUR per 1 RON. Compared with the previous year, the euro appreciated by 2.0 % against the Romanian leu, while RON depreciated by 2.0 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 31.2 %, while the value of the Romanian leu against the euro decreased by 23.8 %. | +31.2 % | 0.21 | ▲ | ▼ |
| 2020 | 4.84 | +1.9 % iIn 2020, the average EUR/RON exchange rate was 4.84 RON per 1 EUR, or 0.21 EUR per 1 RON. Compared with the previous year, the euro appreciated by 1.9 % against the Romanian leu, while RON depreciated by 1.9 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 33.7 %, while the value of the Romanian leu against the euro decreased by 25.2 %. | +33.7 % | 0.21 | ▲ | ▼ |
| 2021 | 4.92 | +1.7 % iIn 2021, the average EUR/RON exchange rate was 4.92 RON per 1 EUR, or 0.20 EUR per 1 RON. Compared with the previous year, the euro appreciated by 1.7 % against the Romanian leu, while RON depreciated by 1.7 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 36.0 %, while the value of the Romanian leu against the euro decreased by 26.5 %. | +36.0 % | 0.20 | ▲ | ▼ |
| 2022 | 4.93 | +0.2 % iIn 2022, the average EUR/RON exchange rate was 4.93 RON per 1 EUR, or 0.20 EUR per 1 RON. Compared with the previous year, the euro appreciated by 0.2 % against the Romanian leu, while RON depreciated by 0.2 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 36.3 %, while the value of the Romanian leu against the euro decreased by 26.6 %. | +36.3 % | 0.20 | ▲ | ▼ |
| 2023 | 4.95 | +0.4 % iIn 2023, the average EUR/RON exchange rate was 4.95 RON per 1 EUR, or 0.20 EUR per 1 RON. Compared with the previous year, the euro appreciated by 0.4 % against the Romanian leu, while RON depreciated by 0.4 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 36.8 %, while the value of the Romanian leu against the euro decreased by 26.9 %. | +36.8 % | 0.20 | ▲ | ▼ |
| 2024 | 4.97 | +0.5 % iIn 2024, the average EUR/RON exchange rate was 4.97 RON per 1 EUR, or 0.20 EUR per 1 RON. Compared with the previous year, the euro appreciated by 0.5 % against the Romanian leu, while RON depreciated by 0.5 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 37.4 %, while the value of the Romanian leu against the euro decreased by 27.2 %. | +37.4 % | 0.20 | ▲ | ▼ |
| 2025 | 5.05 | +1.4 % iIn 2025, the average EUR/RON exchange rate was 5.05 RON per 1 EUR, or 0.20 EUR per 1 RON. Compared with the previous year, the euro appreciated by 1.4 % against the Romanian leu, while RON depreciated by 1.4 % against the euro 2. Compared with 2005, the value of the euro against the Romanian leu increased by 39.4 %, while the value of the Romanian leu against the euro decreased by 28.2 %. | +39.4 % | 0.20 | ▲ | ▼ |
| 2026 | 5.18 | +2.6 % iThe average exchange rate for 2026 is based on data available since the beginning of the year and is therefore preliminary. It may change as new daily exchange rates for the Romanian leu are published and is not directly comparable with the final annual average exchange rates of previous years. | +43.0 % | 0.19 | ▲ | ▼ |
Euro to Romanian Leu Exchange Rate Trends by Year
The following chart shows the yearly development of the euro exchange rate against the Romanian leu (1 EUR = ... RON). When the bars show an upward trend and are displayed in green, this indicates that the euro is strengthening while the Romanian leu is weakening against the euro. When the bars show a downward trend and are displayed in red, the Romanian leu is strengthening against the euro while the euro is weakening.
Chart 1. Yearly changes in the euro exchange rate against the Romanian leu
Romanian Leu to Euro Exchange Rate Trends by Year
The following chart shows the yearly development of the Romanian leu exchange rate against the euro (1 RON = ... EUR). When the bars show an upward trend and are displayed in green, this indicates that the Romanian leu is strengthening while the euro is weakening. When the bars show a downward trend and are displayed in red, this indicates that the Romanian leu is weakening while the euro is strengthening.
Chart 2. Yearly changes in the Romanian leu exchange rate against the euro
Historical Exchange Rate Analysis: Euro to Romanian Leu and Romanian Leu to Euro
This section provides the main statistical indicators for the annual average exchange rate of the euro against the Romanian leu and the Romanian leu against the euro from 2005 to 2025 (direct quotation and inverse quotation). The statistics provide a quick overview of the long-term exchange rate trend, trend strength, historical range and the position of the latest annual average rate relative to previous values. The “latest annual average exchange rate” refers to the average exchange rate for the most recent completed year in the period under review, which is 2025.
- Euro to Romanian leu
- Romanian leu to euro
Key statistics for the euro exchange rate against the Romanian leu
Key indicators | |
| Average exchange rate for the entire period | 1 EUR = 4.42 RON |
|---|---|
| Latest annual average exchange rate (2025) | 1 EUR = 5.05 RON |
| Deviation of the latest annual average from the long-term average | 14.2 % |
| Exchange rate change since 2005 | 39.4 % |
| Compound annual rate of change (CAGR) | 1.67 % |
| Change factor since 2005 | 1.4 |
Historical highs and lows | |
| Lowest annual average exchange rate | 1 EUR = 3.34 RON in 2007 |
| Highest annual average exchange rate | 1 EUR = 5.05 RON in 2025 |
| Percentage range between the historical low and high | 51.0 % |
| How far the latest annual average is below the historical high | 0.0 % |
| How far the latest annual average is above the historical low | 51.0 % |
Trend and annual changes | |
| Number of years in which the euro exchange rate increased | 16 |
| Number of years in which the euro exchange rate decreased | 4 |
| Number of years with no change | 0 |
| Largest annual appreciation of the euro | 14.9 % in 2009 |
| Largest annual depreciation of the euro | -5.0 % in 2007 |
| Most recent of the longest streaks of increases | 12 years from 2013 to 2025 |
| Most recent of the longest streaks of decreases | 2 years from 2005 to 2007 |
| Average absolute annual change | 2.7 % |
From 2005 to 2025, the average annual euro exchange rate against the Romanian leu changed from 3.62 RON per EUR to 5.05 RON per EUR. Over the entire period, the EUR/RON exchange rate increased by 39.4 %, corresponding to a change by a factor of 1.4. The compound annual rate of change (CAGR) was 1.67 %. The average exchange rate for the entire period was 4.42 RON per EUR. The latest annual average rate is 14.2 % above the average for the entire period under review.
During the period under review, the lowest annual average exchange rate was 3.34 RON per EUR in 2007, while the highest was 5.05 RON per EUR in 2025. The range between the minimum and maximum reached 51.0 %. The latest annual average rate is 0.0 % below the historical maximum. The average absolute year-on-year change was 2.7 %, indicating the average magnitude of annual exchange-rate fluctuations over the entire observation period. The most recent of the longest streaks of consecutive increases lasted 12 years (2013–2025). The most recent of the longest streaks of consecutive decreases lasted 2 years. Over the period under review, years with a rising EUR/RON exchange rate were more frequent.
Key statistics for the Romanian leu exchange rate against the euro
Key indicators | |
| Average exchange rate for the entire period | 1 RON = 0.23 EUR |
|---|---|
| Latest annual average exchange rate (2025) | 1 RON = 0.20 EUR |
| Deviation of the latest annual average from the long-term average | -13.7 % |
| Exchange rate change since 2005 | -28.2 % |
| Compound annual rate of change (CAGR) | -1.65 % |
| Change factor since 2005 | 1.4 |
Historical highs and lows | |
| Lowest annual average exchange rate | 1 RON = 0.20 EUR in 2025 |
| Highest annual average exchange rate | 1 RON = 0.30 EUR in 2007 |
| Percentage range between the historical low and high | 33.8 % |
| How far the latest annual average is below the historical high | 33.8 % |
| How far the latest annual average is above the historical low | 0.0 % |
Trend and annual changes | |
| Number of years in which the Romanian leu exchange rate increased | 4 |
| Number of years in which the Romanian leu exchange rate decreased | 16 |
| Number of years with no change | 0 |
| Largest annual appreciation of the Romanian leu | 5.3 % in 2007 |
| Largest annual depreciation of the Romanian leu | -13.0 % in 2009 |
| Most recent of the longest streaks of increases | 2 years from 2005 to 2007 |
| Most recent of the longest streaks of decreases | 12 years from 2013 to 2025 |
| Average absolute annual change | 2.5 % |
From 2005 to 2025, the average annual exchange rate of the Romanian leu against the euro changed from 0.28 to 0.20 EUR per RON. Over the entire period, the RON/EUR exchange rate decreased by 28.2 %, corresponding to a change by a factor of 1.4. The compound annual rate of change (CAGR) over the period was -1.65 %. The average exchange rate for the entire period was 0.23 EUR per RON. The latest annual average rate is 13.7 % below the average for the entire period under review.
During the period under review, the lowest annual average exchange rate was 0.20 EUR per RON in 2025, while the highest was 0.30 EUR per RON in 2007. The range between the minimum and maximum reached 33.8 %. The latest annual average rate is 33.8 % below the historical maximum. The average absolute year-on-year change was 2.5 %, indicating the average magnitude of annual exchange-rate fluctuations over the entire observation period. The most recent of the longest streaks of consecutive increases lasted 2 years (2005–2007). The most recent of the longest streaks of consecutive decreases lasted 12 years. Over the period under review, years with a falling RON/EUR exchange rate were more frequent.
Notes on the exchange rate data
- The historical annual average euro exchange rates against the Romanian leu are based on data from the Deutsche Bundesbank. The average Romanian leu exchange rate for 2026 is calculated using mid-market rates available from German banks since the beginning of the year. For more information, see the page “The current Romanian leu to euro exchange rate”.
- The percentage change differs between the direct and inverse exchange rate quotations, even though both describe the same currency pair. For example, if the exchange rate changes from 1 EUR = 3.34 RON to 1 EUR = 5.05 RON, the percentage change is 51.0 %. In the inverse quotation, however, the rate changes from 1 RON = 0.30 EUR to 1 RON = 0.20 EUR, which corresponds to a change of 33.8 %, not 51.0 %. This is because percentage change is always calculated relative to the starting value, and the starting values are different for the direct and inverse exchange rate quotations.
- The exchange rates shown in the table are rounded to two or three decimal places, while all statistical indicators are calculated from the underlying data to four decimal places. As a result, manual calculations based on the displayed values may produce small differences due to rounding.
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