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base info Karura

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KAR
KAR
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MDL
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About Moldovan Leu (MDL)

The Moldovan Leu (MDL), introduced in 1993, is not just the official currency of Moldova; it represents the country's journey through economic transition and its aspirations for a stable and prosperous future. It is commonly abbreviated as MDL and represented by the symbol L. Emerging after the dissolution of the Soviet Union, the Leu replaced the Soviet Ruble, marking a significant step in Moldova's path towards economic sovereignty and reform.

Historical Background

The introduction of the Moldovan Leu was a crucial element in Moldova's post-Soviet economic restructuring. It symbolized a break from the past and was a critical component in establishing a separate and independent monetary system, aligning with the nation's newfound political independence.

Design and Symbolism

The design of the Moldovan Leu reflects the nation's rich cultural heritage and history. Banknotes and coins feature images of prominent historical figures, significant architectural landmarks, and symbols representing Moldova’s traditional and cultural identity. These designs not only facilitate economic transactions but also serve as a source of national pride and identity.

Economic Role

The Leu plays a critical role in Moldova’s economy, which has been marked by a gradual transition from agriculture-based to more diverse sectors, including manufacturing and services. As the primary medium of exchange, it supports these economic activities, facilitating trade, investment, and everyday financial transactions.

Monetary Policy and Inflation

Managed by the National Bank of Moldova, the Leu has faced challenges such as inflation and currency stability, especially during periods of political and economic uncertainty. The central bank’s monetary policies aim to stabilize the currency, which is crucial for maintaining economic confidence and fostering sustainable growth.

International Trade and the Moldovan Leu

The value of the Leu is important in international trade, particularly for Moldova's exports like wine, fruits, and textiles. A stable Leu is vital for maintaining competitive export prices and attracting foreign direct investment.

Remittances and the Economy

Remittances from Moldovans working abroad, particularly in Russia and EU countries, are a significant source of foreign income. These funds, converted into Lei, play a substantial role in supporting households and contributing to the national economy.

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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
L0.9121
0.0200% / 0.0320%vip-iconcalculator.compare.vip
OKX
L2.6
0.080% / 0.100%
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Gate.io
L0.9148
0.1000% / 0.1000%
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KuCoin
L1.61
0.1000% / 0.1000%
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$5.82M
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$67.41K
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112.50M KAR

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0.5 KAR
L0.4621
1 KAR
L0.9243
5 KAR
L4.62
10 KAR
L9.24
50 KAR
L46.21
100 KAR
L92.43
500 KAR
L462.14
1000 KAR
L924.28

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0.5MDL0.5410  KAR
1MDL1.08  KAR
5MDL5.41  KAR
10MDL10.82  KAR
50MDL54.1  KAR
100MDL108.19  KAR
500MDL540.96  KAR
1000MDL1,081.92  KAR

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coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 KAR$0.02585$0.02556
+1.15%
1 KAR$0.05171$0.05112
+1.15%
5 KAR$0.2585$0.2556
+1.15%
10 KAR$0.5171$0.5112
+1.15%
50 KAR$2.59$2.56
+1.15%
100 KAR$5.17$5.11
+1.15%
500 KAR$25.85$25.56
+1.15%
1000 KAR$51.71$51.12
+1.15%

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0.5 KAR$0.02585$0.02697
-4.13%
1 KAR$0.05171$0.05393
-4.13%
5 KAR$0.2585$0.2697
-4.13%
10 KAR$0.5171$0.5393
-4.13%
50 KAR$2.59$2.7
-4.13%
100 KAR$5.17$5.39
-4.13%
500 KAR$25.85$26.97
-4.13%
1000 KAR$51.71$53.93
-4.13%

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0.5 KAR$0.02585$0.04863
-46.80%
1 KAR$0.05171$0.09726
-46.80%
5 KAR$0.2585$0.4863
-46.80%
10 KAR$0.5171$0.9726
-46.80%
50 KAR$2.59$4.86
-46.80%
100 KAR$5.17$9.73
-46.80%
500 KAR$25.85$48.63
-46.80%
1000 KAR$51.71$97.26
-46.80%

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