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VeChain to Moldovan Leu Converter and calculator

Convert 1VeChain (VET) to Moldovan Leu (MDL) equals L 0.7574 | 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 VeChain(VET) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 VET at a value of 1 VET for 0.76 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 VeChain currency pair is the VET to MDL, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.

VET to MDL conversion rate trend

1D7D1M3M1YAll
In the past 1D, VeChain has changed +2.07% to MDL. Based on the trend and price charts, VeChain(VET) has changed +2.07% to MDL while Moldovan Leu(MDL) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L0.7574
0.0001% / 0.0004%vip-iconVIP
Binance
L0.7562
0.1000% / 0.1000%
Yes
Huobi
L0.7558
0.1000% / 0.1000%
Yes
Gate.io
L0.7575
0.1000% / 0.1000%
Yes
KuCoin
L0.7555
0.1000% / 0.1000%
Yes
Bitfinex
L0.7591
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 08:00:36(UTC+0)

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

VeChain to Moldovan Leu is rising this week.
VeChain's current market price is L 0.7574 per VET, with a total market cap of L 55,075,559,383.63 MDL based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by +5.15% (L 56,311,426.99 MDL) in the last 24 hours. Last trading day, VET's trading volume was L 1,093,680,605.05.
Market cap
$3.10B
24h volume
$64.83M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at L 0.7574 MDL , which means buying 5 VET will cost L 3.79 MDL . Similarly, L1 MDL can be traded for 1.32 VET, and L50 MDL can be converted to 66.01 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Moldovan Leu has changed by +5.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.07%, reaching a high of 0.7668 MDL and a low of 0.7360 MDL . One month ago, the value of 1 VET was L 0.7617 MDL , which represents a -0.57% change from its current value. Over the last year, VeChain has changed by
+L
0.3728MDL
, resulting in a change of +96.90% in its value.

VET to MDL

Amount
08:36 am today
0.5 VET
L0.3787
1 VET
L0.7574
5 VET
L3.79
10 VET
L7.57
50 VET
L37.87
100 VET
L75.74
500 VET
L378.71
1000 VET
L757.42

MDL to VET

Amount08:36 am today
0.5MDL0.6601  VET
1MDL1.32  VET
5MDL6.6  VET
10MDL13.2  VET
50MDL66.01  VET
100MDL132.03  VET
500MDL660.13  VET
1000MDL1,320.27  VET
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Today vs. 24 hours ago

Amount08:36 am today24 hours ago24h change
0.5 VET$0.02135$0.02092
+2.07%
1 VET$0.04270$0.04183
+2.07%
5 VET$0.2135$0.2092
+2.07%
10 VET$0.4270$0.4183
+2.07%
50 VET$2.13$2.09
+2.07%
100 VET$4.27$4.18
+2.07%
500 VET$21.35$20.92
+2.07%
1000 VET$42.7$41.83
+2.07%

Today vs. 1 month ago

Amount08:36 am today1 month ago1M change
0.5 VET$0.02135$0.02147
-0.57%
1 VET$0.04270$0.04294
-0.57%
5 VET$0.2135$0.2147
-0.57%
10 VET$0.4270$0.4294
-0.57%
50 VET$2.13$2.15
-0.57%
100 VET$4.27$4.29
-0.57%
500 VET$21.35$21.47
-0.57%
1000 VET$42.7$42.94
-0.57%

Today vs. 1 year ago

Amount08:36 am today1 year ago1Y change
0.5 VET$0.02135$0.01084
+96.90%
1 VET$0.04270$0.02168
+96.90%
5 VET$0.2135$0.1084
+96.90%
10 VET$0.4270$0.2168
+96.90%
50 VET$2.13$1.08
+96.90%
100 VET$4.27$2.17
+96.90%
500 VET$21.35$10.84
+96.90%
1000 VET$42.7$21.68
+96.90%

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.