Convert Brazilian Real to Moldovan Leu
Convert Brazilian Real (BRL) to Moldovan Leu (MDL) using daily updated exchange rates.
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Exchange Rate
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About Brazilian Real
The Brazilian Real (BRL) was introduced on 1 July 1994 as a cornerstone of the Plano Real economic stabilisation programme, which successfully ended decades of hyperinflation that had reached over 2,000% annually. The name "real" means "royal" in Portuguese and also "real" as in genuine. The Banco Central do Brasil manages monetary policy. Brazil has the largest economy in Latin America and the ninth largest globally. The real is divided into 100 centavos. The BRL is one of the most important emerging market currencies and is heavily traded in global forex markets.
About Moldovan Leu
The Moldovan Leu (MDL) has been the official currency of Moldova since 1993, replacing the Moldovan cupon interim currency used after independence from the Soviet Union in 1991. The word "leu" means "lion" in Romanian. The National Bank of Moldova manages monetary policy with a managed float. Moldova is one of Europe's least developed countries, with an economy strongly dependent on agriculture (wine, fruits, vegetables), remittances from the large Moldovan diaspora working in Russia and EU countries, and light manufacturing. The leu is divided into 100 bani.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).