Convert Euro to Moldovan Leu
Convert Euro (EUR) to Moldovan Leu (MDL) using daily updated exchange rates.
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Exchange Rate
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About Euro
The Euro (EUR) is the official currency of the Eurozone, comprising 20 of the 27 European Union member states - the single largest currency union in the world by GDP. Introduced in non-physical form on 1 January 1999 and as banknotes and coins on 1 January 2002, the Euro replaced participating national currencies such as the Deutsche Mark, French Franc, Italian Lira, and Spanish Peseta. The European Central Bank (ECB) in Frankfurt manages monetary policy. The Euro is the second largest reserve currency and the second most traded currency in global foreign exchange markets after the US Dollar.
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
| Euro (EUR) | Moldovan Leu (MDL) |
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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).