The Portuguese international joined Los Blancos form Manchester United in 2008, yet has in recent months been linked with a return to the Premier League, as well as big-spenders Paris Saint-Germain.
Yet the 31-year-old insists he wishes to remain “in the best league in the world” until his contract is up in two years’ time.
"I have been in Spain six years,” he told Marca. “I was also at Manchester United for six years and that was a great experience, a great championship, but for me this is the best league in the world. It's a privilege to be here.
"I want to be here for a couple more years and then we'll see. That's the duration of my contract and I want to give my all in that time."
Ronaldo, who was handed the Pichichi prize for scoring the most goals in La Liga last season, then thanked all at the club as he targets more silverware this year.
"I dedicate this award to the team, to the coaches, the staff and everyone at Madrid," he said. "Without them, I wouldn't have been able to score so many goals last season.
"Let's hope the fans keep supporting as they have been. They are spectacular. We will give everything on the pitch to try to win trophies and the Champions League once again."
Madrid face AS Roma in their Last 16 Champions League clash, with the first leg in Rome next week Tuesday.