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base info OKB

OKB to Moldovan Leu Converter and calculator

Convert 1OKB (OKB) to Moldovan Leu (MDL) equals L 993.3 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of OKB(OKB) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 OKB at a value of 1 OKB for 993.30 MDL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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.

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

OKB to MDL conversion rate trend

1D7D1M3M1YAll
In the past 1D, OKB has changed +1.51% to MDL. Based on the trend and price charts, OKB(OKB) has changed +1.51% to MDL while Moldovan Leu(MDL) has changed % to OKB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L993.3
0.0001% / 0.0004%vip-iconVIP
OKX
L992.03
0.080% / 0.100%
Yes
Gate.io
L990.96
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:23(UTC+0)

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

OKB to Moldovan Leu is falling this week.
OKB's current market price is L 993.3 per OKB, with a total market cap of L 59,598,245,936.35 MDL based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by -28.69% (L -62,143,500.43 MDL) in the last 24 hours. Last trading day, OKB's trading volume was L 216,611,652.69.
Market cap
$3.33B
24h volume
$8.62M
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at L 993.3 MDL , which means buying 5 OKB will cost L 4,966.52 MDL . Similarly, L1 MDL can be traded for 0.001007 OKB, and L50 MDL can be converted to 0.05034 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Moldovan Leu has changed by -2.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.51%, reaching a high of 1,002.97 MDL and a low of 973.41 MDL . One month ago, the value of 1 OKB was L 1,067.6 MDL , which represents a -6.96% change from its current value. Over the last year, OKB has changed by
+L
11.57MDL
, resulting in a change of +7.04% in its value.

OKB to MDL

Amount
16:20 today
0.5 OKB
L496.65
1 OKB
L993.3
5 OKB
L4,966.52
10 OKB
L9,933.04
50 OKB
L49,665.2
100 OKB
L99,330.41
500 OKB
L496,652.05
1000 OKB
L993,304.09

MDL to OKB

Amount16:20 today
0.5MDL0.0005034  OKB
1MDL0.001007  OKB
5MDL0.005034  OKB
10MDL0.01007  OKB
50MDL0.05034  OKB
100MDL0.1007  OKB
500MDL0.5034  OKB
1000MDL1.01  OKB
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Today vs. 24 hours ago

Amount16:20 today24 hours ago24h change
0.5 OKB$27.73$27.32
+1.51%
1 OKB$55.46$54.64
+1.51%
5 OKB$277.3$273.18
+1.51%
10 OKB$554.61$546.37
+1.51%
50 OKB$2,773.04$2,731.83
+1.51%
100 OKB$5,546.09$5,463.67
+1.51%
500 OKB$27,730.43$27,318.33
+1.51%
1000 OKB$55,460.86$54,636.66
+1.51%

Today vs. 1 month ago

Amount16:20 today1 month ago1M change
0.5 OKB$27.73$29.8
-6.96%
1 OKB$55.46$59.61
-6.96%
5 OKB$277.3$298.04
-6.96%
10 OKB$554.61$596.09
-6.96%
50 OKB$2,773.04$2,980.45
-6.96%
100 OKB$5,546.09$5,960.89
-6.96%
500 OKB$27,730.43$29,804.47
-6.96%
1000 OKB$55,460.86$59,608.94
-6.96%

Today vs. 1 year ago

Amount16:20 today1 year ago1Y change
0.5 OKB$27.73$25.91
+7.04%
1 OKB$55.46$51.81
+7.04%
5 OKB$277.3$259.07
+7.04%
10 OKB$554.61$518.15
+7.04%
50 OKB$2,773.04$2,590.74
+7.04%
100 OKB$5,546.09$5,181.49
+7.04%
500 OKB$27,730.43$25,907.43
+7.04%
1000 OKB$55,460.86$51,814.86
+7.04%

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.