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Insane Labz to Romanian Leu (LABZ to RON)

LABZ to RON Converter and calculator

LABZ/RON: 1 LABZ = 0.002416 RON. The price of converting 1 Insane Labz (LABZ) to Romanian Leu (RON) is 0.002416 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 0.002416 RON. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LABZ is currently valued at 0.002416 RON, which means buying 5 LABZ would cost 0.01208 RON. Similarly, lei1 RON can be converted to 413.84 LABZ, and lei50 RON can be converted to 2,069.22 LABZ, excluding any platform or gas fees.

Convert LABZ to RON

Convert RON to LABZ

Insane Labz
Romanian Leu
1 LABZ
0.002416  RON
Exchange 1 LABZ for 0.002416 RON
2 LABZ
0.004833  RON
Exchange 2 LABZ for 0.004833 RON
5 LABZ
0.01208  RON
Exchange 5 LABZ for 0.01208 RON
10 LABZ
0.02416  RON
Exchange 10 LABZ for 0.02416 RON
20 LABZ
0.04833  RON
Exchange 20 LABZ for 0.04833 RON
50 LABZ
0.1208  RON
Exchange 50 LABZ for 0.1208 RON
100 LABZ
0.2416  RON
Exchange 100 LABZ for 0.2416 RON
200 LABZ
0.4833  RON
Exchange 200 LABZ for 0.4833 RON
500 LABZ
1.21  RON
Exchange 500 LABZ for 1.21 RON
1000 LABZ
2.42  RON
Exchange 1000 LABZ for 2.42 RON
5000 LABZ
12.08  RON
Exchange 5000 LABZ for 12.08 RON
10000 LABZ
24.16  RON
Exchange 10000 LABZ for 24.16 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
1 RON
413.84 LABZ
Exchange 1 RON for 413.84 LABZ
10 RON
4,138.43 LABZ
Exchange 10 RON for 4,138.43 LABZ
50 RON
20,692.16 LABZ
Exchange 50 RON for 20,692.16 LABZ
100 RON
41,384.32 LABZ
Exchange 100 RON for 41,384.32 LABZ
200 RON
82,768.64 LABZ
Exchange 200 RON for 82,768.64 LABZ
500 RON
206,921.61 LABZ
Exchange 500 RON for 206,921.61 LABZ
1000 RON
413,843.22 LABZ
Exchange 1000 RON for 413,843.22 LABZ
2000 RON
827,686.45 LABZ
Exchange 2000 RON for 827,686.45 LABZ
5000 RON
2,069,216.12 LABZ
Exchange 5000 RON for 2,069,216.12 LABZ
10000 RON
4,138,432.24 LABZ
Exchange 10000 RON for 4,138,432.24 LABZ
50000 RON
20,692,161.18 LABZ
Exchange 50000 RON for 20,692,161.18 LABZ
100000 RON
41,384,322.36 LABZ
Exchange 100000 RON for 41,384,322.36 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 = 0.002416 RON; 2025/12/27 14:15:49
In the past 1D, Insane Labz has changed -1.22% to RON. Based on the trend and price charts, Insane Labz(LABZ) has changed -1.22% 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 0.002551 RON while the lowest Insane Labz price in RON over the past 7 days was 0.002390 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 hours Last 7 days Last 30 days Last 90 days
High
0.002460 RON
0.002551 RON
0.002967 RON
0.005011 RON
Low
0.002399 RON
0.002390 RON
0.002321 RON
0.002321 RON
Average
0 RON
0 RON
0 RON
0 RON
Volatility
%
%
%
%
Change
-1.22%
-4.92%
-15.45%
-44.38%

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Insane Labz information

LABZ to RON market statistics

LABZ/RON:
lei0.002416
LABZ 24h volume:
lei4,167.89
LABZ market cap:
lei119,579.6
LABZ circulating supply:
49.49M LABZ

Current LABZ to RON exchange rate

Insane Labz to Romanian Leu is falling this week.
Insane Labz's current market price is lei0.002416 per LABZ, with a total market cap of lei119,579.6 RON based on a circulating supply of 49,487,210 LABZ. The trading volume of Insane Labz has changed by -1.24% (lei-52.25 RON) in the last 24 hours. Last trading day, LABZ's trading volume was lei4,220.14.

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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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 -4.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.22%, reaching a high of 0.002460 RON and a low of 0.002399 RON . One month ago, the value of 1 LABZ was lei0.002859 RON , which represents a -15.45% change from its current value. Over the last year, Insane Labz has changed by
-lei
0.07460RON
, resulting in a change of -96.86% in its value.
24 hours ago1 month ago1 year ago
Amount 14:15 today 24 hours ago 24h change
0.5 LABZ
lei0.001208lei0.001223
-1.22%
1 LABZ
lei0.002416lei0.002446
-1.22%
5 LABZ
lei0.01208lei0.01223
-1.22%
10 LABZ
lei0.02416lei0.02446
-1.22%
50 LABZ
lei0.1208lei0.1223
-1.22%
100 LABZ
lei0.2416lei0.2446
-1.22%
500 LABZ
lei1.21lei1.22
-1.22%
1000 LABZ
lei2.42lei2.45
-1.22%

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 lei0.002416.
How much LABZ can I buy for 1 RON?
Based on the current exchange rate, you can get 413.84 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 2,069.22 LABZ, while 5 LABZ will cost around 0.01208RON.
What is the highest price of LABZ/RON in history?
The all-time high price of 1 LABZ in RON is lei1.45. 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 down by 4.92%.   Over the last month, the exchange rate of Insane Labz (LABZ) has gone down by 15.45% 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.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Insane Labz currency pairs: LABZ to US Dollar (USD), LABZ to Euro (EUR), LABZ to Pound Sterling (GBP), LABZ to Canadian Dollar (CAD), LABZ to Indian Rupee (INR), LABZ to Pakistani Rupee (PKR), LABZ to Brazilian Real (BRL), LABZ to…
The price of Insane Labz in the US is $0.0005587 USD. Additionally, Insane Labz’s price is €0.0004745 EUR in the eurozone, £0.0004138 GBP in the UK, C$0.0007644 CAD in Canada, ₹0.05016 INR in India, ₨0.1565 PKR in Pakistan, R$0.003098 BRL in Brazil, and more.
The most popular Insane Labz currency pair is the LABZ to Romanian Leu(RON). The price of 1 Insane Labz (LABZ) in Romanian Leu (RON) is lei0.002416.

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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.
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