Moldavian Leu

The Moldavian leu (ISO 4217 code MDL) is the monetary unit of the République of Moldavie. A Moldavian leu (pl. lei ) is divided into 100 banished (singular: round of applause ).

Between 1918 and 1940, then still between 1941 and 1944, when the territory of current République of Moldavie belonged to the Romania, the Rumanian Leu circulated in this area.

The Moldavian leu was established in 1993, and followed the creation of the state independent of Republic of Moldavie. It replaces the Moldavian Coupon , in circulation in the Soviet Socialist Republic of Moldavie until 1993, at the rate of 1 leu = 1000 coupons.

The parts have values of 1,5,10, and 25 outlaw of Aluminum and 50 aluminum outlaw Bronze. Parts of 50 outlaw, 1 leu and 5 stainless steel lei left in 1993, but they were withdrawn from circulation.

The banknotes carry the values of 1,5,10,20,50,100,500 and 1000 lei.

Two nonofficial currencies also circulate in Republic of Moldavie:

the American dollar - USD, currently during 1 USD = 12,8 MDL (Jan.2006).
the euro - EURO during 1 EURO = 15,6 MDL (Jan.2006).

These courses are very influenced by the economic instability and policy in Republic of Moldavie.

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