Moldovan leu

Moldovan leu
leu moldovenesc (Moldovan) (Romanian)
1 Leu note obverse and reverse
ISO 4217 code MDL
User(s) Moldova (except Transnistria territorial unit / Transnistria)
Inflation 7.4%
Source The World Factbook, 2010 est.
Subunit
1/100 ban
Plural lei
ban bani
Coins 1, 5, 10, 25, 50 bani
Banknotes 1, 5, 10, 20, 50, 100, 200, 500, 1000 lei
Central bank National Bank of Moldova
Website www.bnm.md

The leu (ISO 4217 code MDL) is the currency of Moldova. Like the Romanian leu, the Moldovan leu (pl. lei) is subdivided into 100 bani (singular: ban). The name of the currency originates in Romania and means "lion".

Contents

History

Between 1918 and 1940 and again between 1941 and 1944, when Moldova was part of Romania, the Romanian leu was used also in the eastern part of Moldavia. The Moldovan leu was established on 29 November 1993, following the collapse of the Soviet Union and the creation of the independent republic of Moldova. It replaced the older cupon currency at a rate of 1 leu = 1000 cupon.

In Transnistria, a partially recognized state claimed in whole by Moldova, the Transnistrian ruble is used instead.

Coins

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 Aluminium 50 bani, and nickel-plated-steel 1 and 5 leu coins were issued in 1993 but have been withdrawn from circulation.

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 leu 114 × 58 mm Yellow Stephen III Mănăstirea Căpriana As portrait 1994 May 1994
5 lei Cyan Biserica sf. Dumitru din Orhei April 1994
10 lei 121 × 61 mm Red Mănăstirea Hârjauca May 1994
20 lei Green Cetatea Soroca 1992 November 1993
50 lei Pink Mănăstirea Hârbovăţ May 1994
100 lei Orange Cetatea Tighina September 1995
200 lei 133 × 66 mm Purple Chişinău Mayoralty
500 lei Orange and green Chişinău Cathedral December 1999
1000 lei Blue Presidency building October 2003
For table standards, see the banknote specification table.
Current MDL exchange rates
From Google Finance: AUD CAD CHF EUR GBP HKD JPY USD RON RUB UAH
From Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD RON RUB UAH
From OzForex: AUD CAD CHF EUR GBP HKD JPY USD RON RUB UAH
From XE.com: AUD CAD CHF EUR GBP HKD JPY USD RON RUB UAH
From OANDA.com: AUD CAD CHF EUR GBP HKD JPY USD RON RUB UAH

See also

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