This is a foreign exchange guide to Moldova, the Moldovan Leu currency plus sending MDL transfers and travel tips.
In this Moldova currency guide we take a look at :
- Moldovan Leu info - general info about the Moldovan Leu
- Moldovan Leu in the markets - recent MDL moves and predictions from the FX markets
- Travelling in Moldova - currency & money saving tips
- Buying Moldovan Leu cash online - travel money for Moldova
- Sending money to Moldova - save on Moldovan Leu bank transfers to Moldova
- Moldovan Leu exchange rates - latest & historic exchange rates.
Moldovan Leu (MDL) general currency information
What is the Moldovan Leu currency code and symbol?
The three letter currency code for the Moldovan Leu is MDL and the symbol is L.
Which countries use the Moldovan Leu?
It is the domestic currency in Moldova.
Moldovan Leu (MDL) in the markets
The interactive chart below shows the USD to MDL exchange rate and trend for the previous 3 months:
Travel, Currency and Money saving 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.
Travel money for Moldova
Save money and time by Ordering your Moldovan Leu online from Travelex, you get better rates and can pick up the MDL cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in Moldovan Leu otherwise you may get much worst exchange rates.
Moldova Trip Checklist
Sending money to Moldova
When searching around for information on how to get a good exchange rate when sending money to Moldova you need to start with finding out the latest Moldovan Leu foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).
Get a better deal for foreign transfers to Moldova
When sending money to Moldova it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Moldovan Leu amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted MDL amount will be transfered to the recipient account you specify in Moldova.
Use our Send to MDL calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Moldovan Leu deposited into the recipient bank account and less margins and fees kept by the banks!