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LABZ to RON Converter and calculator

LABZ/RON: 1 LABZ = 0.003455 RON. The price of converting 1 Insane Labz (LABZ) to Romanian Leu (RON) is 0.003455 RON today.
LABZ
LABZ
RON
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LABZ to RON real-time exchange rates, making it easy to convert Insane Labz (LABZ) to Romanian Leu (RON). The conversion result is based on real-time data. The conversion result shows that 1 LABZ is currently valued at 0.00 RON. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LABZ is currently valued at 0.00 RON, which means buying 5 LABZ would cost 0.02 RON. Similarly, lei1 RON can be converted to 289.44 LABZ, and lei50 RON can be converted to 1,447.19 LABZ, excluding any platform or gas fees.

Convert LABZ to RON

Convert RON to LABZ

Insane Labz
Romanian Leu
10000 LABZ
34.55  RON
In the table above, you'll find a comprehensive LABZ to RON converter that shows the value of Insane Labz in Romanian Leu across commonly used conversion amounts. The list covers conversions from 1 LABZ to RON, all the way up to 10000 LABZ, providing a clear view of their respective values.
Romanian Leu
Insane Labz
500 RON
144,719.29 LABZ
1000 RON
289,438.58 LABZ
2000 RON
578,877.16 LABZ
5000 RON
1,447,192.91 LABZ
10000 RON
2,894,385.81 LABZ
50000 RON
14,471,929.06 LABZ
100000 RON
28,943,858.11 LABZ
In the table above, you'll find a comprehensive RON to LABZ converter that shows the value of Romanian Leu in Insane Labz across commonly used conversion amounts. The list covers conversions from 1 RON to LABZ, all the way up to 100000 RON, providing a clear view of their respective values.

LABZ to RON chart

LABZ/RON: 1 LABZ = 0.003455 RON; 2025/04/26 21:25:35
In the past 1D, Insane Labz has changed -1.07% to RON. Based on the trend and price charts, Insane Labz(LABZ) has changed -1.07% to RON while Romanian Leu(RON) has changed % to LABZ in the last 24 hours.
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LABZ to RON conversion data: Volatility and price changes of Insane Labz in RON

The highest Insane Labz price in RON over the past 7 days was 0.003543 RON while the lowest Insane Labz price in RON over the past 7 days was 0.003149 RON. The relative change between the highs and lows in Insane Labz price in RON over the last 7 days indicates a volatility of %. You can view additional volatility data and LABZ 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
0.003542 RON
0.003543 RON
0.003555 RON
0.1048 RON
Low
0.003434 RON
0.003149 RON
0.002448 RON
0.002418 RON
Average
0 RON
0 RON
0 RON
0 RON
Volatility
%
%
%
%
Change
-1.07%
+7.25%
-1.98%
-96.85%

Insane Labz information

LABZ to RON market statistics

LABZ/RON:
lei0.003455
LABZ 24h volume:
lei29,368.03
LABZ market cap:
lei171,466.38
LABZ circulating supply:
49.63M LABZ

Current LABZ to RON exchange rate

Insane Labz to Romanian Leu is rising this week.
Insane Labz's current market price is lei0.003455 per LABZ, with a total market cap of lei171,466.38 RON based on a circulating supply of 49,628,988 LABZ. The trading volume of Insane Labz has changed by -15.55% (lei-5,407.74 RON) in the last 24 hours. Last trading day, LABZ's trading volume was lei34,775.77.

More info about Insane Labz 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 Insane Labz currency pair is the LABZ to RON, with for Insane Labz's currency code being LABZ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for RON.

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How to convert LABZ to RON

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Bitget P2P trading does not currently support direct buying of LABZ with RON. However, you can buy USDT in Bitget P2P trading first, and then buy LABZ with USDT via Bitget spot market.
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LABZ to RON Conversion tables

The exchange rate of Insane Labz is decreasing.
The exchange rate of 1 LABZ to Romanian Leu has changed by +7.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.07%, reaching a high of 0.003542 RON and a low of 0.003434 RON . One month ago, the value of 1 LABZ was lei0.003525 RON , which represents a -1.98% change from its current value. Over the last year, Insane Labz has changed by
-lei
0.1669RON
, resulting in a change of -97.97% in its value.
24 hours ago1 month ago1 year ago
Amount21:25 today24 hours ago24h change
0.5 LABZlei0.001727lei0.001746
-1.07%
1 LABZlei0.003455lei0.003493
-1.07%
5 LABZlei0.01727lei0.01746
-1.07%
10 LABZlei0.03455lei0.03493
-1.07%
50 LABZlei0.1727lei0.1746
-1.07%
100 LABZlei0.3455lei0.3493
-1.07%
500 LABZlei1.73lei1.75
-1.07%
1000 LABZlei3.45lei3.49
-1.07%

LABZ to RON FAQ

How much is 1 Insane Labz in RON?
Right now, the price of 1 Insane Labz (LABZ) in Romanian Leu (RON) is lei0.003455.
How much LABZ can I buy for 1 RON?
Based on the current exchange rate, you can get 289.44 LABZ for 1 RON.
How do I calculate or convert LABZ to RON?
You can use our LABZ to RON calculator at the top of this page to convert any amount of LABZ to RON. We've also included quick-reference tables for the most popular conversions. For example, 5 RON is equivalent to 1,447.19 LABZ, while 5 LABZ will cost around 0.01727RON.
What is the highest price of LABZ/RON in history?
The all-time high price of 1 LABZ in RON is lei1.47. It remains to be seen if the value of 1 LABZ/RON will exceed the current all-time high.
What is the price trend of Insane Labz in RON?
Over the past 7 days, the exchange rate of Insane Labz (LABZ) has gone up by 7.25%.   Over the last month, the exchange rate of Insane Labz (LABZ) has gone down by 1.98% against Romanian Leu (RON).

What factors influence the conversion rate of LABZ to RON?

There are many factors that affect the relationship between Insane Labz 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 LABZ/RON. When there is positive news in the market about the widespread adoption of LABZ or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LABZ/RON. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LABZ/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 LABZ/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 Insane Labz 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.