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LOCAL CURRENCY IN MOLDOVA

Want to know how much is your money worth in Moldova? The local money in Moldova is called Leu.

The Moldovan Leu is issued and managed by the National Bank of Moldova. To find out the current currency exchange rates for Leu to other major currencies of the world, click on foreign currency rates.

Moldovan Currency Information
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The currency used in Moldova is called as the Leu. This currency is denoted with the currency sign and the ISO 4217 Code for the Moldovan Leu is MDL. The Leu, is the official currency of the Moldova . It is divided into 100 smaller units called Ban.

The constitution of Moldova provides that the Moldova government shall have the power to print the Moldovan Leu and Ban coins to be used as a legal tender in Moldova. The Moldovan Leu bank notes and Ban coins are both designated as "legal tender" in payment of debts.

The Moldovan Leu bill uses the decimal system, consisting of 100 equal units.

The symbol , usually written before the numerical amount, is used for the Moldovan Leu.

Currently printed bank notes denominations are 1, 5, 10, 20, 50, 100, 200, 500, 1000 lei and the coins are minted in the denominations of 1, 5, 10, 25, 50 bani .

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The Effect of Balance of Trade and Investment on Moldovan Leu
Financial analysts regularly cite the balance of trade and investment in Moldova as the most important influence on the value of the Leu. The difference between what the Moldova exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Leu exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Leu exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Moldovan Leu.
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