About the Moldovan Leu
The Moldovan Leu was introduced in 1993, replacing the temporary coupon currency that was used after the breakup of the Soviet Union.
The name 'Leu' means 'lion' and is the same as the Romanian currency, reflecting the close historical and cultural ties between the two countries.
Interesting Facts
A Lion's Name
The currency's name, Leu, means 'lion' and is shared with the Romanian Leu, highlighting the shared heritage of the two nations.
Stephen the Great
All Moldovan banknotes feature a portrait of Ștefan cel Mare (Stephen the Great), a revered 15th-century ruler of Moldavia.
A Crossroads Economy
Moldova's economy, and the Leu's value, is influenced by its position between the EU and the CIS, relying on agriculture, services, and remittances.
Historical Timeline
Moldova declares independence from the Soviet Union.
The coupon currency replaces the Soviet Ruble.
The Leu is introduced.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- MDL
- Symbol
- L
- Numeric Code
- 498
- Subunit
- Ban (1/100)
- Introduced
- 1993-11-29
Central Bank
- Name
- National Bank of Moldova
- Headquarters
- Chișinău, Moldova
- Founded
- 1991
- Current Governor
- Anca Dragu (since 2023)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 4.2%
- Interest Rate
- 3.75%
Exchange Rates
Used In
What Affects the MDL Exchange Rate?
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