HDL to MDL Converter and calculator


Conversion rates
Convert HDL to MDL
Convert MDL to HDL
HDL to MDL chart
HDL to MDL conversion data: Volatility and price changes of HEADLINE in MDL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2112 MDL | 0.2227 MDL | 0.2397 MDL | 0.2397 MDL |
Low | 0.1871 MDL | 0.1845 MDL | 0.1413 MDL | 0.07454 MDL |
Average | 0 MDL | 0 MDL | 0 MDL | 0 MDL |
Volatility | % | % | % | % |
Change | -9.20% | -12.71% | +30.40% | +94.95% |
HEADLINE information
HDL to MDL market statistics
Current HDL to MDL exchange rate
HEADLINE to Moldovan Leu is falling this week.More info about HEADLINE on Bitget
Moldovan Leu 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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HDL to MDL Conversion tables
Amount | 21:52 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 HDL | L0 | L0.009476 | -9.20% |
1 HDL | L0 | L0.01895 | -9.20% |
5 HDL | L0 | L0.09476 | -9.20% |
10 HDL | L0 | L0.1895 | -9.20% |
50 HDL | L0 | L0.9476 | -9.20% |
100 HDL | L0 | L1.9 | -9.20% |
500 HDL | L0 | L9.48 | -9.20% |
1000 HDL | L0 | L18.95 | -9.20% |
HDL to MDL FAQ
What factors influence the conversion rate of HDL to MDL?
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