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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.22%
New listings on Bitget: Pi Network
BTC/USDT$83208.16 (-0.74%)Fear and Greed Index32(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$93.2M (1D); +$445.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.22%
New listings on Bitget: Pi Network
BTC/USDT$83208.16 (-0.74%)Fear and Greed Index32(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$93.2M (1D); +$445.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
SYL
MDL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of myDID(SYL) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 SYL at a value of 1 SYL for 0.00 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.
Bitget crypto-to-fiat exchange data shows that the most popular myDID currency pair is the SYL to MDL, with for myDID's currency code being SYL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.
SYL to MDL conversion rate trend
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In the past 1D, myDID has changed -0.38% to MDL. Based on the trend and price charts, myDID(SYL) has changed -0.38% to MDL while Moldovan Leu(MDL) has changed % to SYL in the last 24 hours.
SYL to MDL market statistics
SYL/MDL:
L 0.003377
SYL 24h volume:
L 2,388,173.49
SYL market cap:
L 26,714,816.42
SYL circulating supply:
7.91B SYL
More info about myDID on Bitget
Current SYL to MDL exchange rate
myDID to Moldovan Leu is rising this week.myDID's current market price is L 0.003377 per SYL, with a total market cap of L 26,714,816.42 MDL based on a circulating supply of 7,911,306,000 SYL. The trading volume of myDID has changed by +1.94% (L 45,435.07 MDL) in the last 24 hours. Last trading day, SYL's trading volume was L 2,342,738.42.
SYL to MDL Conversion tables
The exchange rate of myDID is increasing.1 SYL is currently valued at L 0.003377 MDL , which means buying 5 SYL will cost L 0.01688 MDL . Similarly, L1 MDL can be traded for 296.14 SYL, and L50 MDL can be converted to 14,806.96 SYL, excluding any platform or gas fees.
The exchange rate of 1 SYL to Moldovan Leu has changed by +1.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.38%, reaching a high of 0.003413 MDL and a low of 0.003333 MDL . One month ago, the value of 1 SYL was L 0.003053 MDL , which represents a +10.61% change from its current value. Over the last year, myDID has changed by , resulting in a change of -62.99% in its value.
-L
0.005747MDLSYL to MDL
Amount
06:46 am today
0.5 SYL
L0.001688
1 SYL
L0.003377
5 SYL
L0.01688
10 SYL
L0.03377
50 SYL
L0.1688
100 SYL
L0.3377
500 SYL
L1.69
1000 SYL
L3.38
MDL to SYL
Amount06:46 am today
0.5MDL148.07 SYL
1MDL296.14 SYL
5MDL1,480.7 SYL
10MDL2,961.39 SYL
50MDL14,806.96 SYL
100MDL29,613.93 SYL
500MDL148,069.64 SYL
1000MDL296,139.28 SYL
SYL to MDL Today vs. 24 hours ago
| Amount | 06:46 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SYL | L0.001688 | L0.001695 | -0.38% |
| 1 SYL | L0.003377 | L0.003390 | -0.38% |
| 5 SYL | L0.01688 | L0.01695 | -0.38% |
| 10 SYL | L0.03377 | L0.03390 | -0.38% |
| 50 SYL | L0.1688 | L0.1695 | -0.38% |
| 100 SYL | L0.3377 | L0.3390 | -0.38% |
| 500 SYL | L1.69 | L1.69 | -0.38% |
| 1000 SYL | L3.38 | L3.39 | -0.38% |
SYL to MDL Today vs. 1 month ago
| Amount | 06:46 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SYL | L0.001688 | L0.001526 | +10.61% |
| 1 SYL | L0.003377 | L0.003053 | +10.61% |
| 5 SYL | L0.01688 | L0.01526 | +10.61% |
| 10 SYL | L0.03377 | L0.03053 | +10.61% |
| 50 SYL | L0.1688 | L0.1526 | +10.61% |
| 100 SYL | L0.3377 | L0.3053 | +10.61% |
| 500 SYL | L1.69 | L1.53 | +10.61% |
| 1000 SYL | L3.38 | L3.05 | +10.61% |
SYL to MDL Today vs. 1 year ago
| Amount | 06:46 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SYL | L0.001688 | L0.004562 | -62.99% |
| 1 SYL | L0.003377 | L0.009124 | -62.99% |
| 5 SYL | L0.01688 | L0.04562 | -62.99% |
| 10 SYL | L0.03377 | L0.09124 | -62.99% |
| 50 SYL | L0.1688 | L0.4562 | -62.99% |
| 100 SYL | L0.3377 | L0.9124 | -62.99% |
| 500 SYL | L1.69 | L4.56 | -62.99% |
| 1000 SYL | L3.38 | L9.12 | -62.99% |
How to convert SYL to MDL
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Convert SYL to MDL
Use a variety of payment options to buy myDID on Bitget. We'll show you how.
Buy SYL (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading does not currently support direct buying of SYL with MDL. However, you can buy USDT in Bitget P2P trading first, and then buy SYL with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell SYL (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading currently does not support direct selling of SYL to MDL. However, you can first exchange SYL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of SYL to MDL?
There are many factors that affect the relationship between myDID and Moldovan Leu, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SYL/MDL. When there is positive news in the market about the widespread adoption of SYL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SYL/MDL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SYL/MDL.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SYL/MDL. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of myDID and adjust their investment strategies accordingly in the evolving market.
myDID price prediction
What will the price of SYL be in 2026?
Based on SYL's historical price performance prediction model, the price of SYL is projected to reach $0.0002292 in 2026.
What will the price of SYL be in 2031?
In 2031, the SYL price is expected to change by +9.00%. By the end of 2031, the SYL price is projected to reach $0.0005442, with a cumulative ROI of +188.00%.
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Popular myDID Converter
Check out these popular currency conversions of myDID to several fiat currencies.
SYL to TWD
1 SYL to NT$ 0.006245 TWD
SYL to CNY
1 SYL to ¥ 0.001367 CNY
SYL to USD
1 SYL to $ 0.0001881 USD
SYL to MDL
1 SYL to L 0.003377 MDL
SYL to EUR
1 SYL to € 0.0001730 EUR
SYL to CAD
1 SYL to $ 0.0002705 CAD
SYL to KRW
1 SYL to ₩ 0.2766 KRW
SYL to JPY
1 SYL to ¥ 0.02819 JPY
SYL to GBP
1 SYL to £ 0.0001453 GBP
SYL to BRL
1 SYL to R$ 0.001083 BRL
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Explore other cryptocurrencies based on your interest in myDID.
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1 XCN to L 0.1791 MDL
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1 MLN to L 204.5 MDL
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1 FUN to L 0.1077 MDL
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1 HBAR to L 3.09 MDL
FOMO to MDL
1 FOMO to L 0.001361 MDL
CORE to MDL
1 CORE to L 8.79 MDL
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1 ACH to L 0.3960 MDL
AUDIO to MDL
1 AUDIO to L 1.39 MDL
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1 FB to L 9.3 MDL
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1 BROCCOLI to L 0.1723 MDL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between myDID and MDL.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as myDID and MDL. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of myDID in MDL, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
