Convert Moldovan Leu to Qatari Riyal
Convert Moldovan Leu (MDL) to Qatari Riyal (QAR) using daily updated exchange rates.
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Exchange Rate
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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.
About Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
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).