Sending money to Romania is easy. There are many great money transfer options available to you, just like sending money online to other locations. If you are looking for speed, cost efficiency, ease of use, or any combination of the three, you will find a great option to fit your personal needs.
The current exchange rate for the Romanian Leu (RON) is SHORTCODE REQUIRED ATTRIBUTES MISSING: base, symbol RON per American Dollar (USD) as of today. The RON reached a high of 4.0622 RON per USD and a low of 4.0380 RON per USD during the last 90 days. The average exchange rate for the RON was 4.0877 RON per USD for the last 90 days.
The average volatility rate for the RON against the USD was 0.31% for the last 90 days. This is a moderate volatility rate, and the RON has fluctuated only moderately during the last year. You can reasonably expect only moderate fluctuations to continue, barring any unforeseen circumstances.
Ria Money Transfer’s fast option is the fastest way. With Ria Money Transfer’s fast option, your money should arrive at its Romanian destination in a matter of minutes. They also offer a relatively good offer as far a price is concerned. With Ria Money Transfer’s fast option, you can pay for very fast waiting times while saving some money by not using the slower, more expensive competition.
The cheapest way to send funds to Romania is through OFX. With OFX, you end up paying the lowest currency conversion costs. This is especially true when you send large amounts of money at once. OFX works on a sliding scale where the more money you send at once, the less you have to pay them.
Keep in mind that OFX carries a minimum transfer amount. When you send the minimum amount, you pay the highest costs, which are still relatively cheap.
The easiest way to transfer funds to Romania is through TransferWise. TransferWise makes it easy to transfer money through their simple three-step process after you set up an account. First, you need to tap the amount of money you want to send. After that, just tap in the destination. After you have done that and paid TransferWise for the transaction, your money should arrive in Romania in a day or two.
The overall best way to send funds online to Romania is through TransferWise. TransferWise offers the best balance between speed, cost, and ease of use. The well-rounded offer provided by TransferWise makes it the overall best way to send funds online to Romania.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com