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Education·22 April 2026·4 min read

The exchange rate — why 1 euro isn't always 5 lei

The value of one currency against another changes daily. How and why the exchange rate moves.

The exchange rate — why 1 euro isn't always 5 lei
Image: domeniu public · Wikimedia Commons

The exchange rate says how much one currency is worth in another — for example, how many lei you give for a euro. It changes with demand, supply, interest rates and trust in each country's economy.

Why it matters to you

The rate affects your holidays, the price of imported goods and your foreign-currency loan installments. Understanding the exchange rate is an essential part of modern financial literacy.