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Polygon to Moldovan Leu Converter and calculator

Convert 1Polygon (MATIC) to Moldovan Leu (MDL) equals L 13.21 | 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 Polygon(MATIC) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 13.21 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 Polygon currency pair is the MATIC to MDL, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.

MATIC to MDL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed +10.18% to MDL. Based on the trend and price charts, Polygon(MATIC) has changed +10.18% to MDL while Moldovan Leu(MDL) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L13.16
0.0001% / 0.0004%vip-iconVIP
Binance
L13.19
0.1000% / 0.1000%
Yes
Coinbase Exchange
L13.18
0.1000% / 0.1000%
Yes
Kraken
L13.17
0.1000% / 0.1000%
Yes
OKX
L13.18
0.080% / 0.100%
Yes
Huobi
L13.17
0.1000% / 0.1000%
Yes
Gate.io
L13.19
0.1000% / 0.1000%
Yes
Bybit
L13.15
0.1000% / 0.1000%
Yes
KuCoin
L13.18
0.1000% / 0.1000%
Yes
Bitfinex
L13.18
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 20:00:35(UTC+0)

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

Polygon to Moldovan Leu is rising this week.
Polygon's current market price is L 13.21 per MATIC, with a total market cap of L 130,693,810,811.64 MDL based on a circulating supply of 9,894,740,000 MATIC. The trading volume of Polygon has changed by -37.39% (L -2,730,812,672.15 MDL) in the last 24 hours. Last trading day, MATIC's trading volume was L 7,303,317,533.31.
Market cap
$7.30B
24h volume
$255.30M
Circulating supply
9.89B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at L 13.21 MDL , which means buying 5 MATIC will cost L 66.04 MDL . Similarly, L1 MDL can be traded for 0.07571 MATIC, and L50 MDL can be converted to 3.79 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Moldovan Leu has changed by +19.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.18%, reaching a high of 13.23 MDL and a low of 11.9 MDL . One month ago, the value of 1 MATIC was L 17.7 MDL , which represents a -25.36% change from its current value. Over the last year, Polygon has changed by
-L
4.88MDL
, resulting in a change of -26.99% in its value.

MATIC to MDL

Amount
20:52 today
0.5 MATIC
L6.6
1 MATIC
L13.21
5 MATIC
L66.04
10 MATIC
L132.08
50 MATIC
L660.42
100 MATIC
L1,320.84
500 MATIC
L6,604.21
1000 MATIC
L13,208.41

MDL to MATIC

Amount20:52 today
0.5MDL0.03785  MATIC
1MDL0.07571  MATIC
5MDL0.3785  MATIC
10MDL0.7571  MATIC
50MDL3.79  MATIC
100MDL7.57  MATIC
500MDL37.85  MATIC
1000MDL75.71  MATIC
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Today vs. 24 hours ago

Amount20:52 today24 hours ago24h change
0.5 MATIC$0.3687$0.3347
+10.18%
1 MATIC$0.7375$0.6694
+10.18%
5 MATIC$3.69$3.35
+10.18%
10 MATIC$7.37$6.69
+10.18%
50 MATIC$36.87$33.47
+10.18%
100 MATIC$73.75$66.94
+10.18%
500 MATIC$368.74$334.68
+10.18%
1000 MATIC$737.49$669.35
+10.18%

Today vs. 1 month ago

Amount20:52 today1 month ago1M change
0.5 MATIC$0.3687$0.4940
-25.36%
1 MATIC$0.7375$0.9881
-25.36%
5 MATIC$3.69$4.94
-25.36%
10 MATIC$7.37$9.88
-25.36%
50 MATIC$36.87$49.4
-25.36%
100 MATIC$73.75$98.81
-25.36%
500 MATIC$368.74$494.04
-25.36%
1000 MATIC$737.49$988.08
-25.36%

Today vs. 1 year ago

Amount20:52 today1 year ago1Y change
0.5 MATIC$0.3687$0.5050
-26.99%
1 MATIC$0.7375$1.01
-26.99%
5 MATIC$3.69$5.05
-26.99%
10 MATIC$7.37$10.1
-26.99%
50 MATIC$36.87$50.5
-26.99%
100 MATIC$73.75$101.01
-26.99%
500 MATIC$368.74$505.03
-26.99%
1000 MATIC$737.49$1,010.05
-26.99%

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.