MDL · MDL
Moldovan Leu (MDL)
The Moldovan leu (MDL) is the official currency of the Republic of Moldova. Introduced in 1993, it replaced the temporary cupon. The leu is subdivided into 100 bani.
Convert this currency
Converted amount
0.0579 USD
Exchange rate
1 MDL = 0.057904 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
MDL · Moldovan Leu
Moldovan Leu (MDL): Overview, History, and Usage
The Moldovan leu (MDL) is the official currency of the Republic of Moldova, a country in Eastern Europe. The currency code is MDL, and its symbol is often written as 'L' or 'lei' in plural. The leu was introduced on November 29, 1993, replacing the temporary cupon, which was used during the period of hyperinflation following the collapse of the Soviet Union. The name 'leu' is derived from the Romanian word for lion, reflecting historical ties with Romania, whose currency is also called the leu.
The National Bank of Moldova is the central bank responsible for issuing and regulating the leu. The currency is subdivided into 100 bani. Banknotes are issued in denominations of 1, 5, 10, 20, 50, 100, 200, 500, and 1000 lei, while coins are available in 1, 5, 10, 25, and 50 bani, as well as 1, 2, 5, and 10 lei. The design of the banknotes features prominent Moldovan historical figures, landmarks, and cultural elements, reflecting the nation's heritage.
The Moldovan leu is used exclusively within Moldova, and its exchange rate is determined by market forces, though the National Bank of Moldova intervenes to maintain stability. The currency is not widely traded internationally, and its value can be subject to fluctuations due to economic and political factors. For travelers and businesses, it is advisable to check current exchange rates before engaging in transactions. As with any currency, the leu's purchasing power is influenced by inflation and economic conditions, but it remains a stable medium of exchange for daily transactions within the country.
- Code
- MDL
- Symbol
- MDL
- Current rate
- USD / MDL
Currency information
Last updated · 8/7/2026
Introduced on November 29, 1993, replacing the temporary coupon.
- Official name
- Moldovan Leu
- Legal tender status
- Legal tender in Moldova
- Decimal places
- 2
- Minor unit
- ban · 1 MDL = 100 ban
- Countries
- Moldova
- Issuing authority
- National Bank of Moldova
- Central bank
- National Bank of Moldova · Official website
- Exchange-rate regime
- Managed floating
Common banknotes
1 leu · 5 lei · 10 lei · 20 lei · 50 lei · 100 lei · 200 lei · 500 lei · 1000 lei
Common coins
1 ban · 5 bani · 10 bani · 25 bani · 50 bani · 1 leu · 2 lei · 5 lei · 10 lei
Also known as
MDL · Moldovan Leu · L
Practical notes
- The leu is subdivided into 100 bani.
- Banknotes are issued in denominations of 1, 5, 10, 20, 50, 100, 200, 500, and 1000 lei.
- Coins are issued in denominations of 1, 5, 10, 25, and 50 bani, and 1, 2, 5, and 10 lei.
Priority currency pairs
The most useful conversions for this currency.
Moldovan Leu questions
What is the MDL exchange rate?
The displayed rate is the latest available reference rate for USD/MDL. It can change throughout the day.
How can I convert MDL online?
Use the converter above to calculate indicative amounts between MDL and the other supported currencies.