The MDL/EUR pair shows how many Moldovan Lei are needed to buy one Euro, reflecting Moldova's trade and financial ties with the Eurozone.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Days without a quotation are not interpolated: the series keeps only observations that were actually received.
Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.
Couverture du au , en UTC.
| Date UTC | Rate | Change | Nature |
|---|---|---|---|
| 0,05004034 | -0.40% | Market | |
| 0,05024291 | -0.45% | Market | |
| 0,05047219 | +1.12% | Market | |
| 0,0499137 | -0.20% | Market | |
| 0,05001259 | -0.05% | Market | |
| 0,05003873 | — | Market |
The MDL/EUR exchange rate represents the value of the Moldovan Leu relative to the Euro, indicating how many Lei are required to purchase one Euro. This pair is primarily used by Moldovan importers, exporters, and individuals sending or receiving remittances from Eurozone countries. When the MDL appreciates against the EUR, it means fewer Lei are needed to buy a Euro, benefiting Moldovan consumers of imported goods but potentially hurting exporters who receive payments in Euros.
Structural drivers of the MDL/EUR rate include the monetary policies of the National Bank of Moldova (NBM) and the European Central Bank (ECB). The NBM manages the Leu through interventions and interest rate adjustments, while the ECB sets rates for the Eurozone. Key factors include inflation differentials, economic growth rates, trade balances, and capital flows. Moldova's reliance on agricultural exports and remittances from the Eurozone also influences the pair, as does risk sentiment during regional geopolitical events.
Over the past several years, the MDL/EUR rate has experienced moderate fluctuations, influenced by Moldova's economic reforms and external shocks. The pair has generally trended within a range, with periods of depreciation during economic uncertainty and appreciation when Moldova's fundamentals strengthened. However, without specific historical data, it is important to note that the rate is subject to change based on evolving economic conditions and policy decisions in both regions.
This analysis is provided for information only and is neither a forecast nor financial advice.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Displayed source: api.forex. Indicative values are used only as a visual fallback.