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SZCB
SZCB
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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
L1.05
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$32.51987793
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0 SZCB

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0.5 SZCB
L0.5264
1 SZCB
L1.05
5 SZCB
L5.26
10 SZCB
L10.53
50 SZCB
L52.64
100 SZCB
L105.27
500 SZCB
L526.37
1000 SZCB
L1,052.73

coin.current_to_local

coin.amountcalculator.detail.time_
0.5MDL0.4750  SZCB
1MDL0.9499  SZCB
5MDL4.75  SZCB
10MDL9.5  SZCB
50MDL47.5  SZCB
100MDL94.99  SZCB
500MDL474.95  SZCB
1000MDL949.91  SZCB

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0.5 SZCB$0.02955$0.02994
-1.29%
1 SZCB$0.05911$0.05988
-1.29%
5 SZCB$0.2955$0.2994
-1.29%
10 SZCB$0.5911$0.5988
-1.29%
50 SZCB$2.96$2.99
-1.29%
100 SZCB$5.91$5.99
-1.29%
500 SZCB$29.55$29.94
-1.29%
1000 SZCB$59.11$59.88
-1.29%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 SZCB$0.02955$0.02205
+34.04%
1 SZCB$0.05911$0.04410
+34.04%
5 SZCB$0.2955$0.2205
+34.04%
10 SZCB$0.5911$0.4410
+34.04%
50 SZCB$2.96$2.2
+34.04%
100 SZCB$5.91$4.41
+34.04%
500 SZCB$29.55$22.05
+34.04%
1000 SZCB$59.11$44.1
+34.04%

calculator.detail.price_year

coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 SZCB$0.02955$0.2165
-86.35%
1 SZCB$0.05911$0.4330
-86.35%
5 SZCB$0.2955$2.17
-86.35%
10 SZCB$0.5911$4.33
-86.35%
50 SZCB$2.96$21.65
-86.35%
100 SZCB$5.91$43.3
-86.35%
500 SZCB$29.55$216.52
-86.35%
1000 SZCB$59.11$433.03
-86.35%

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