Moldovan leu

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Moldovan leu
leu moldovenesc (Moldovan) (Romanian)
Moldawischer-Leu-01.jpg
1 Leu note obverse and reverse
ISO 4217 code MDL
Central bank National Bank of Moldova
 Website www.bnm.md
User(s) Moldova Moldova (except Transnistria 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

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".

History[edit]

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, an unrecognized state claimed in whole by Moldova, the Transnistrian ruble is used instead.

Coins[edit]

In November 1993 coins of 1, 5, 10, 25 and 50 bani in aluminium as well as nickel-plated-steel 1 and 5 leu coins were put in circulation.

The aluminium 50 bani,nickel-plated-steel 1 and 5 leu coins were later withdrawn from circulation. Starting January 1998 the aluminium 50 bani was replaced by one in aluminium-bronze.[1] No new 1- and 5 leu coins have been issued. 1-Ban coins were last minted in 2006. They remain legal tender, but are rarely seen in circulation.[2]

Since 1996 several commemorative coins for collectors have been issued. A complete listing can be found here.[3]

Coins of the leu (1993–present)[4]
Image Value Technical parameters Description Date of
Diameter Mass Composition Edge Obverse Reverse minting issue withdrawal lapse
1ban-md.png 1 ban 14,5 mm 0,67g aluminium plain Denomination, year Coat of arms of Moldova, country name 1993~2006 November 1993 Current*
5bani-md.png 5 bani 16 mm 0,75 g 1993~present Current
10bani-md.png 10 bani 16,6 mm 0,85 g
25bani-md.png 25 bani 17,5 mm 0,95 g
MDA-50b1.jpg 50 bani 19 mm 1,07 g 1993  ?  ?
50bani-md.png 50 bani 19 mm 3,1 g Brass clad steel reeded Denomination, year Coat of arms of Moldova, country name 1997~present January 1998 current
MDA-1l.jpg 1 leu  ? mm  ? g Nickel clad steel  ? Denomination, year Coat of arms of Moldova, country name 1992 November 1993 ? ?
MDA-5l.jpg 5 lei  ? mm  ? g  ? 1993
These images are to scale at 2.5 pixels per millimetre. For table standards, see the coin specification table.
  • Officially in circulation, but not used in practice

Banknotes[edit]

There have been two series of Moldovan leu banknotes. The first series was short-lived and only included 1, 5, and 10 lei. The front of all of these notes—and all subsequent notes—feature a portrait of Ştefan cel Mare (Stephen the Great, also known as Stephen III of Moldavia), the prince of Moldavia from 1457 to 1504. The first two lines of the Mioriţa (The Little Ewe) ballad appear on the back, printed vertically between the denomination numeral and the vignette of the fortress. The Mioriţa is an old Romanian pastoral ballad considered one of the most important pieces of Romanian folklore. The lines “Pe-un picior de plai, Pe-o gură de rai” translate as “Near a low foothill, at Heaven’s doorsill.”

Second Series
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse Watermark first printing issue
MD 1 leu av.jpg MD 1 leu rev.jpg 1 leu 114 × 58 mm Yellow Stephen III Mănăstirea Căpriana As portrait 1994 May 1994
MD 5 lei av.jpg MD 5 lei rev.jpg 5 lei Cyan Biserica sf. Dumitru din Orhei April 1994
MD 10 lei av.jpg MD 10 lei rev.jpg 10 lei 121 × 61 mm Red Mănăstirea Hârjauca May 1994
MD 20 lei av.jpg MD 20 lei rev.jpg 20 lei Green Cetatea Soroca 1992 November 1993
MD 50 lei av.jpg MD 50 lei rev.jpg 50 lei Pink Mănăstirea Hârbovăţ May 1994
MD 100 lei av.jpg MD 100 lei rev.jpg 100 lei Orange Cetatea Tighina September 1995
MD 200 lei av.jpg MD 200 lei rev.jpg 200 lei 133 × 66 mm Purple Chişinău Mayoralty
MD 500 lei av.jpg MD 500 lei rev.jpg 500 lei Orange and green Chişinău Cathedral December 1999
MD 1000 lei av.jpg MD 1000 lei rev.jpg 1000 lei Blue Presidency building October 2003


Exchange rates[edit]

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 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
From fxtop.com: AUD CAD CHF EUR GBP HKD JPY USD RON RUB UAH

See also[edit]

References[edit]

  1. ^ "Coins , National Bank of Moldova". bnm.md. Retrieved 6 January 2013. 
  2. ^ "FAQ , National Bank of Moldova". bnm.md. Retrieved 6 January 2013. 
  3. ^ "Commemorative Coins , National Bank of Moldova". bnm.md. Retrieved 6 January 2013. 
  4. ^ "National Bank of Moldova". bnm.md. Retrieved 16 January 2014.