Euro to Moldovan Leu — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Moldova

Currency Code, Symbol: MDL, L

Denominations of coins in circulation: 5, 10, 25, 50 bani, 1 leu, 2 lei, 5 lei, 10 lei

Denominations of banknotes in circulation: 1, 5, 10, 20, 50, 100, 200, 500, 1000 lei

History: The Moldovan leu (L) is a currency accepted and issued on the territory of Moldova. For international operations and in currency exchange, it is shortened to MDL. Coins of the Moldovan leu are called bani.Modern MDL has 100 bani. The currency has been issued since 1993 replacing the Soviet ruble. The need to introduce an independent currency was evoked by the dissolution of the Soviet Union. Some Moldovan notes are of special interest for collectors. The notes issued in 1992 and 1995 worth 20 lei are the most precious ones.Read More