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About this currency pair
British Pound Sterling (GBP) — a major international currency
The pound sterling is one of the world’s oldest currencies still in use and remains closely associated with UK prices, wages, banking and financial markets. GBP is also important for travel, ecommerce, invoices, investment reporting and comparisons with EUR and USD, especially because London is a major international financial centre.
Romanian Leu (RON) — the currency of Romania
The new Romanian leu follows a 2005 redenomination, so RON is the modern code used for current Romanian prices. The Romanian Leu is the currency used in Romania, where it appears in local prices, salaries, public fees, bank accounts and business invoices. It often appears in travel spending, regional trade, energy or goods imports, remittances and comparisons with EUR, USD or neighboring currencies. The name is part of a Balkan and Eastern European monetary tradition, making regional context useful in conversions.