Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Arbitrum

Arbitrum to Moldovan Leu Converter and calculator

Convert 1Arbitrum (ARB) to Moldovan Leu (MDL) equals L 21.19 | Bitget

MDL information

About Moldovan Leu (MDL)

The Moldovan Leu (MDL), introduced in 1993, is not just the official currency of Moldova; it represents the country's journey through economic transition and its aspirations for a stable and prosperous future. It is commonly abbreviated as MDL and represented by the symbol L. Emerging after the dissolution of the Soviet Union, the Leu replaced the Soviet Ruble, marking a significant step in Moldova's path towards economic sovereignty and reform.

Historical Background

The introduction of the Moldovan Leu was a crucial element in Moldova's post-Soviet economic restructuring. It symbolized a break from the past and was a critical component in establishing a separate and independent monetary system, aligning with the nation's newfound political independence.

Design and Symbolism

The design of the Moldovan Leu reflects the nation's rich cultural heritage and history. Banknotes and coins feature images of prominent historical figures, significant architectural landmarks, and symbols representing Moldova’s traditional and cultural identity. These designs not only facilitate economic transactions but also serve as a source of national pride and identity.

Economic Role

The Leu plays a critical role in Moldova’s economy, which has been marked by a gradual transition from agriculture-based to more diverse sectors, including manufacturing and services. As the primary medium of exchange, it supports these economic activities, facilitating trade, investment, and everyday financial transactions.

Monetary Policy and Inflation

Managed by the National Bank of Moldova, the Leu has faced challenges such as inflation and currency stability, especially during periods of political and economic uncertainty. The central bank’s monetary policies aim to stabilize the currency, which is crucial for maintaining economic confidence and fostering sustainable growth.

International Trade and the Moldovan Leu

The value of the Leu is important in international trade, particularly for Moldova's exports like wine, fruits, and textiles. A stable Leu is vital for maintaining competitive export prices and attracting foreign direct investment.

Remittances and the Economy

Remittances from Moldovans working abroad, particularly in Russia and EU countries, are a significant source of foreign income. These funds, converted into Lei, play a substantial role in supporting households and contributing to the national economy.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Arbitrum currency pair is the ARB to MDL, with for Arbitrum's currency code being ARB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.

ARB to MDL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Arbitrum has changed +4.95% to MDL. Based on the trend and price charts, Arbitrum(ARB) has changed +4.95% to MDL while Moldovan Leu(MDL) has changed % to ARB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L21.29
0.0001% / 0.0004%vip-iconVIP
Binance
L21.23
0.1000% / 0.1000%
Yes
OKX
L21.23
0.080% / 0.100%
Yes
Huobi
L21.24
0.1000% / 0.1000%
Yes
Gate.io
L21.23
0.1000% / 0.1000%
Yes
Bybit
L21.3
0.1000% / 0.1000%
Yes
KuCoin
L21.24
0.1000% / 0.1000%
Yes
Bitfinex
L21.26
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 16:00:32(UTC+0)

What factors influence the conversion rate of Arbitrum to Moldovan Leu?

Arbitrum to Moldovan Leu is falling this week.
Arbitrum's current market price is L 21.19 per ARB, with a total market cap of L 56,244,134,870.5 MDL based on a circulating supply of 2,653,939,500 ARB. The trading volume of Arbitrum has changed by -43.51% (L -9,409,246,461.93 MDL) in the last 24 hours. Last trading day, ARB's trading volume was L 21,625,977,296.49.
Market cap
$3.19B
24h volume
$692.93M
Circulating supply
2.65B ARB

Conversion tables

The exchange rate of Arbitrum is decreasing.
1 ARB is currently valued at L 21.19 MDL , which means buying 5 ARB will cost L 105.96 MDL . Similarly, L1 MDL can be traded for 0.04719 ARB, and L50 MDL can be converted to 2.36 ARB, excluding any platform or gas fees.
The exchange rate of 1 ARB to Moldovan Leu has changed by -23.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.95%, reaching a high of 22.32 MDL and a low of 19.56 MDL . One month ago, the value of 1 ARB was L 32.28 MDL , which represents a -34.34% change from its current value. Over the last year, Arbitrum has changed by
-L
7.5MDL
, resulting in a change of -26.13% in its value.

ARB to MDL

Amount
16:20 today
0.5 ARB
L10.6
1 ARB
L21.19
5 ARB
L105.96
10 ARB
L211.93
50 ARB
L1,059.63
100 ARB
L2,119.27
500 ARB
L10,596.35
1000 ARB
L21,192.7

MDL to ARB

Amount16:20 today
0.5MDL0.02359  ARB
1MDL0.04719  ARB
5MDL0.2359  ARB
10MDL0.4719  ARB
50MDL2.36  ARB
100MDL4.72  ARB
500MDL23.59  ARB
1000MDL47.19  ARB
share

Today vs. 24 hours ago

Amount16:20 today24 hours ago24h change
0.5 ARB$0.6010$0.5728
+4.95%
1 ARB$1.2$1.15
+4.95%
5 ARB$6.01$5.73
+4.95%
10 ARB$12.02$11.46
+4.95%
50 ARB$60.1$57.28
+4.95%
100 ARB$120.2$114.57
+4.95%
500 ARB$601.02$572.85
+4.95%
1000 ARB$1,202.05$1,145.69
+4.95%

Today vs. 1 month ago

Amount16:20 today1 month ago1M change
0.5 ARB$0.6010$0.9154
-34.34%
1 ARB$1.2$1.83
-34.34%
5 ARB$6.01$9.15
-34.34%
10 ARB$12.02$18.31
-34.34%
50 ARB$60.1$91.54
-34.34%
100 ARB$120.2$183.07
-34.34%
500 ARB$601.02$915.37
-34.34%
1000 ARB$1,202.05$1,830.75
-34.34%

Today vs. 1 year ago

Amount16:20 today1 year ago1Y change
0.5 ARB$0.6010$0.8136
-26.13%
1 ARB$1.2$1.63
-26.13%
5 ARB$6.01$8.14
-26.13%
10 ARB$12.02$16.27
-26.13%
50 ARB$60.1$81.36
-26.13%
100 ARB$120.2$162.72
-26.13%
500 ARB$601.02$813.59
-26.13%
1000 ARB$1,202.05$1,627.19
-26.13%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.