Moldovan leu

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Moldovan leu
10 Leu note obverse and reverse
10 Leu note obverse and reverse
ISO 4217 Code MDL
User(s) Moldova except Transnistria
Inflation 11.9% (2005 est.)
Source The World Factbook, 2006
Subunit
1/100 ban
Plural lei
ban bani
Coins 1, 5, 10, 25, 50 bani
Banknotes 1, 5, 10, 20, 50, 100, 200, 500, 1 000 lei
Central bank National Bank of Moldova
Website www.bnm.org

The leu (ISO 4217 code MDL) is the national currency of Moldova. One leu (pl. lei) is subdivided into 100 bani (singular: ban).

Between 1918 and 1940 and again between 1941 and 1944, when Moldova was a province of Romania, the Romanian leu circulated in this area.

The Moldovan leu was established on 29 November 1993, following the creation of the independent state of Moldova. It replaced the cupon currency at a rate of 1 leu = 1000 cupon.

In Transnistria, an unrecognised break-away republic from Moldova, Transnistrian ruble is used instead.

Contents

[edit] Coins

Coins consist of 1, 5, 10, and 25 bani in aluminium and 50 bani in aluminium-bronze. 50 bani, 1 and 5 leu coins were issued in stainless steel in 1993 but have been withdrawn from circulation.

[edit] Banknotes

There have been two series of Moldovan leu banknotes. The first series was short-lived and only included 1, 5, and 10 lei.

Second Series
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse Watermark first printing issue
[1] [2] 1 leu 114 × 58 mm Yellow Stephen III Mănăstirea Căpriana As portrait 1994 May 1994
[3] [4] 5 lei Blue Biserica sf. Dumitru din Orhei April 1994
[5] [6] 10 lei 121 × 61 mm Red Mănăstirea Hîrjauca May 1994
[7] [8] 20 lei Lime Cetatea Soroca 1992 November 1993
[9] [10] 50 lei Pink Mănăstirea Hîrbovăţ May 1994
[11] [12] 100 lei Orange Cetatea Tighina September 1995
[13] [14] 200 lei 133 × 66 mm Pink and yellow Chişinău Mayoralty
[15] [16] 500 lei Orange and green Chişinău Cathedral December 1999
[17] [18] 1000 lei Purple Former building of the parliament October 2003
For table standards, see the banknote specification table.

[edit] Unofficial currencies

A second, unofficial currency in Moldova is the United States dollar. After the creation of the European Union, the third, unofficial currency became the Euro. These currency rates are strongly influenced by the political and economical instability of Moldova.

Current MDL exchange rates
Use Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD
Use XE.com: AUD CAD CHF EUR GBP HKD JPY USD

[edit] External links


Preceded by:
Moldovan cupon
Reason: inflation
Ratio: 1 leu = 1000 cupon
Currency of Moldova
1993
Succeeded by:
Current


Currencies of Europe
Eurozone Euro
Northern Danish krone | Faroese króna | Icelandic króna | Norwegian krone | Swedish krona
Baltic Estonian kroon | Latvian lats | Lithuanian litas
Western British pound | Guernsey pound | Jersey pound | Manx pound
Central Czech koruna | Hungarian forint | Polish złoty | Slovak koruna | Slovenian tolar | Swiss franc
Eastern Belarusian ruble | Kazakhstani tenge | Russian ruble | Ukrainian hryvnia
Southeastern Albanian lek | Bulgarian lev | Bosnia and Herzegovina convertible mark | Croatian kuna | Macedonian denar | Moldovan leu | Romanian leu | Serbian dinar
Mediterranean Cypriot pound | Gibraltar pound | Maltese lira | Turkish new lira
Transcaucasia Armenian dram | Azerbaijani manat | Georgian lari
Unrecognized Countries Transnistrian ruble
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