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RDEX
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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
L0.2131
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Gate.io
L0.2139
0.1000% / 0.1000%
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$0
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$25.91K
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0 RDEX

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0.5 RDEX
L0.1061
1 RDEX
L0.2122
5 RDEX
L1.06
10 RDEX
L2.12
50 RDEX
L10.61
100 RDEX
L21.22
500 RDEX
L106.09
1000 RDEX
L212.19

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0.5MDL2.36  RDEX
1MDL4.71  RDEX
5MDL23.56  RDEX
10MDL47.13  RDEX
50MDL235.64  RDEX
100MDL471.28  RDEX
500MDL2,356.39  RDEX
1000MDL4,712.77  RDEX

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0.5 RDEX$0.005926$0.006044
-1.94%
1 RDEX$0.01185$0.01209
-1.94%
5 RDEX$0.05926$0.06044
-1.94%
10 RDEX$0.1185$0.1209
-1.94%
50 RDEX$0.5926$0.6044
-1.94%
100 RDEX$1.19$1.21
-1.94%
500 RDEX$5.93$6.04
-1.94%
1000 RDEX$11.85$12.09
-1.94%

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0.5 RDEX$0.005926$0.006595
-10.10%
1 RDEX$0.01185$0.01319
-10.10%
5 RDEX$0.05926$0.06595
-10.10%
10 RDEX$0.1185$0.1319
-10.10%
50 RDEX$0.5926$0.6595
-10.10%
100 RDEX$1.19$1.32
-10.10%
500 RDEX$5.93$6.6
-10.10%
1000 RDEX$11.85$13.19
-10.10%

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0.5 RDEX$0.005926$-0.{4}2846
-98.16%
1 RDEX$0.01185$-0.{4}5693
-98.16%
5 RDEX$0.05926$-0.0002846
-98.16%
10 RDEX$0.1185$-0.0005693
-98.16%
50 RDEX$0.5926$-0.002846
-98.16%
100 RDEX$1.19$-0.005693
-98.16%
500 RDEX$5.93$-0.02846
-98.16%
1000 RDEX$11.85$-0.05693
-98.16%

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