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    Currency in Moldova

    A practical currency and money guide to travel, living and doing business in Moldova and the Moldovan leu (MDL).


    What currency is used in Moldova?

    The official currency of Moldova (country code: MD) is the Moldovan leu, with symbol L and currency code MDL.

    Things to know about the Moldovan leu

    The Moldovan leu (MDL) is the official currency of Moldova, a country located in Eastern Europe. Here are a few things to know about the Moldovan leu:

    1. The Moldovan leu is abbreviated as MDL and is divided into 100 bani.
    2. The National Bank of Moldova is responsible for issuing and regulating the Moldovan leu.
    3. The exchange rate for the Moldovan leu is determined by supply and demand in the foreign exchange market.
    4. Moldova has a largely agricultural economy, with a significant portion of the population engaged in farming and livestock production. The country is also a major producer of wine and has a growing services sector.
    5. The value of the Moldovan leu has been relatively stable in recent years, but the currency has faced challenges due to economic challenges such as high inflation and a large trade deficit. In addition, Moldova has faced political instability and conflict, which have also had an impact on the value of the Moldovan leu.

    Travel Ideas and Money Tips for Moldova

    As one of Europe’s least visited countries, Moldova retains a certain off-the-beaten-track charm. But even that’s changing as budget flights from London and other European cities make the lively capital, Chişinău, a popular weekend break. Tree-lined Chisinau is one of Eastern Europe’s wildest party capitals where you’ll never be far from a glass of excellent Moldovan wine. East of Chisinau is the self-declared republic of Transnistria, a flashback to Soviet-style communism, which has its own currency, police force, army and independence day.

    Are credits cards accepted in Moldova?

    Moldova is proceeding slowly to a cashless society, however some sectors are still only accepting cash payments.You can expect to be able to pay with your credit or debit card in places like malls, large stores, restaurants, some bars.ATM’s are spread across the city of Chisinau but we don’t recommend relying on extracting your cash from them. The banks seem to charge large commissions at ATM’s when extracting the money from abroad. There are no ATMs to be found outside the capital city. Cash is king in Moldova and you can easily change dollars or Euro, pounds not so easily. You can also change Romanian Lei and Ukraine Hyenda a lot of places. US dollars are accepted without conversion by quite a lot of businesses even taxis. Also all along Stephan cel Mare (main street) there are money changers exhibiting their rates.

    Getting around in Moldova?

    Inside Chisinau trolleybus rides or taxis are inexpensive. Try to make a habit of calling taxis rather than waiting at official stands if possible as it’s much cheaper. Travelling outside Chisinau is never a problem as plenty of minibuses ferry travellers to just about any Moldovan border in a few hours. Orheiul Vechi can be reached by public transport but it's better to organise a guide to interpret. Trains in Moldova serve international destinations such as Bucharest, St Petersburg and Moscow.

    Travel tips for Moldove.

    Few Moldovans speak English so a few words of Romanian or Russian will go a long way. Moldova has a moderate continental climate; summertime temperatures have been known to soar to mid-30°C in recent years and can sink as low as a chilly -10°C in winter. The annual Wine Festival in early October is one of the country’s calendar highlights. Accommodation is limited in Moldova. Chisinau has a decent range of hotels but outside the city hotels tend to be soviet-style and gloomy. You’ll need your passport to check in. There are no hostels in Moldova. Camping sites are few and far between but wild camping is generally OK. Rural and city homestays in Moldova are on the rise.



    Expat Money & Business Guide to Moldova


    Managing your finances in Moldova

    Here we list some key points for expats and businesses to consider when managing financial dealings in Moldova:

    1. Understand Moldovan leu currency exchange rates: Exchange rates can have a big impact on your finances, so it is important to keep an eye on the MDL exchange rate and consider using a currency exchange service or a credit card that does not charge foreign transaction fees to get the best exchange rate.

    2. Use a local Moldovan leu bank account: A local MDL bank account can make it easier for you to manage your finances and pay bills while you are in Moldova. It may also be more convenient to use a local MDL bank account to make purchases and withdraw cash.

    3. Research local laws and regulations: It is important to understand the local laws and regulations that apply to financial transactions in Moldova. This can help you avoid legal issues and ensure that you are complying with local requirements.

    4. Consider the tax implications: It is important to understand the tax implications of living or doing business in Moldova. This can help you plan your finances and ensure that you are paying the correct amount of tax.

    5. Seek financial advice: If you are unsure of how to manage your finances in Moldova, it is a good idea to seek the advice of a financial professional who is familiar with the local financial system. This can help you make informed decisions and avoid financial pitfalls.


    USD/MDL – Market Data

    The exchange rate of Moldovan leu (MDL), or the amount of MDL that can be exchanged for a foreign currency, can fluctuate rapidly based on a number of factors, including economic conditions, interest rates, and political events. Below you can check the latest USD/MDL rate plus recent trend, chart, and historic rates.

    1 USD = 18.48 MDL
    Sell USD  →  Buy MDL
    USD to MDL at 18.48 is 2.0% below its 3-month average of 18.85, having fluctuated within a 4.1% range of 18.48-19.23
    USDMDL :

    10 Mar 2023
    0.9% 2 Week
    24 Dec 2022
    3.7% 3 Month
    24 Mar 2022
    0.5% 1 Year
    25 Mar 2018
    11.9% 5 Year
    26 Mar 2013
    49.4% 10 Year
    29 Mar 2003
    27.4% 20 Year
    USD/MDL historic rates & change to 24-Mar-2023


    Compare Moldovan leu Exchange Rates & Fees

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make an International Money Transfer to Moldova or planning a trip or maybe living there, so will need to exchange and spend Moldovan leu.

    Loading comparison rates...

    ProviderAmountsRateTotal Cost

    It is important to note that the exchange rate of the Moldovan leu can change rapidly and that past performance is not necessarily indicative of future performance. It is advisable to carefully consider the risks and factors that may affect MDL exchange rates before making any financial decisions.





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