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base info Tether USDt

Tether USDt to Moldovan Leu Converter and calculator

Convert 1Tether USDt (USDT) to Moldovan Leu (MDL) equals L 17.81 | 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.

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

USDT to MDL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Tether USDt has changed -0.07% to MDL. Based on the trend and price charts, Tether USDt(USDT) has changed -0.07% to MDL while Moldovan Leu(MDL) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L17.81
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/16 13:54:24(UTC+0)

What factors influence the conversion rate of Tether USDt to Moldovan Leu?

Tether USDt to Moldovan Leu is rising this week.
Tether USDt's current market price is L 17.81 per USDT, with a total market cap of L 1,924,779,702,640.49 MDL based on a circulating supply of 108,100,166,000 USDT. The trading volume of Tether USDt has changed by +4.20% (L 64,241,634,480.62 MDL) in the last 24 hours. Last trading day, USDT's trading volume was L 1,530,619,582,107.1.
Market cap
$108.13B
24h volume
$89.60B
Circulating supply
108.10B USDT

Conversion tables

The exchange rate of Tether USDt is increasing.
1 USDT is currently valued at L 17.81 MDL , which means buying 5 USDT will cost L 89.03 MDL . Similarly, L1 MDL can be traded for 0.05616 USDT, and L50 MDL can be converted to 2.81 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Moldovan Leu has changed by +0.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.07%, reaching a high of 17.83 MDL and a low of 17.8 MDL . One month ago, the value of 1 USDT was L 17.77 MDL , which represents a +0.18% change from its current value. Over the last year, Tether USDt has changed by
+L
0.0007224MDL
, resulting in a change of +0.00% in its value.

USDT to MDL

Amount
13:54 today
0.5 USDT
L8.9
1 USDT
L17.81
5 USDT
L89.03
10 USDT
L178.06
50 USDT
L890.28
100 USDT
L1,780.55
500 USDT
L8,902.76
1000 USDT
L17,805.52

MDL to USDT

Amount13:54 today
0.5MDL0.02808  USDT
1MDL0.05616  USDT
5MDL0.2808  USDT
10MDL0.5616  USDT
50MDL2.81  USDT
100MDL5.62  USDT
500MDL28.08  USDT
1000MDL56.16  USDT
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Today vs. 24 hours ago

Amount13:54 today24 hours ago24h change
0.5 USDT$0.5002$0.5005
-0.07%
1 USDT$1$1
-0.07%
5 USDT$5$5.01
-0.07%
10 USDT$10$10.01
-0.07%
50 USDT$50.02$50.05
-0.07%
100 USDT$100.03$100.1
-0.07%
500 USDT$500.16$500.5
-0.07%
1000 USDT$1,000.31$1,001
-0.07%

Today vs. 1 month ago

Amount13:54 today1 month ago1M change
0.5 USDT$0.5002$0.4993
+0.18%
1 USDT$1$0.9985
+0.18%
5 USDT$5$4.99
+0.18%
10 USDT$10$9.99
+0.18%
50 USDT$50.02$49.93
+0.18%
100 USDT$100.03$99.85
+0.18%
500 USDT$500.16$499.26
+0.18%
1000 USDT$1,000.31$998.52
+0.18%

Today vs. 1 year ago

Amount13:54 today1 year ago1Y change
0.5 USDT$0.5002$0.5001
+0.00%
1 USDT$1$1
+0.00%
5 USDT$5$5
+0.00%
10 USDT$10$10
+0.00%
50 USDT$50.02$50.01
+0.00%
100 USDT$100.03$100.03
+0.00%
500 USDT$500.16$500.13
+0.00%
1000 USDT$1,000.31$1,000.27
+0.00%

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.