Moldovan leu

1 EUR = 18.838 MDL 100 MDL = 5.3085 EUR

1 CHF = 15.396 MDL 100 MDL = 6.495 CHF

The Moldovan Leu (plural Lei ) is the official currency in Moldova. The smallest unit is 1 Ban ( b ), where 1 is Leu ( MDL) is divided into 100 bani. After the dissolution of the Soviet Union and the independence of the Republic of Moldova, the Russian ruble was abolished and replaced by the new currency, the Moldovan leu, in November 1993. " Leu " means in Romanian "lion".

Financial situation

The currency has been exposed during the 1990s high fluctuations in value and is therefore not appreciated by the Moldovan population. Over the years, an increasing popularity of the U.S. dollar developed. The U.S. dollar is in Moldova, as a widespread and stable means of payment. So Normally it is not a problem to pay in Moldova with these foreign currency, provided that the note is in perfect condition. Since about 2005, the euro also a great popularity. Since the euro is stronger and more stable than the U.S. dollar, more and more people are switching over to indicate their prices in euros.

The Moldovan banks do not enjoy a great reputation. This strong distrust of the population makes the U.S. dollar and the euro also popular as a general pension and savings funds for the future.

The coins pictured are currently legal tender.

Bills

Front each: Ştefan cel Mare