Convert Moldovan Leu to Singapore Dollar
Convert Moldovan Leu (MDL) to Singapore Dollar (SGD) 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 Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore and is interchangeable at par with the Brunei Dollar (BND) by a 1967 Currency Interchangeability Agreement. The Monetary Authority of Singapore (MAS) manages monetary policy uniquely through the exchange rate - adjusting the Singapore Dollar against a basket of trading partner currencies - rather than through interest rates, because of Singapore's small open economy. Singapore is a global financial centre, the world's busiest container port, and one of the wealthiest nations by per capita income.
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).