Have you ever wondered how much 10 Moldovan Lei (MDL) is worth in US Dollars (USD)? According to the latest data, 10 MDL is equivalent to approximately $0.59 USD. Exchange rate fluctuations are not only relevant for travelers but also play a crucial role in trade, investment, and personal financial planning.
In the current economic climate, 1 MDL is valued at $0.0590071, while 1 USD equals 16.9471 MDL. The performance of the Moldovan Leu against the US Dollar remains a key topic for financial analysts and market observers. Historical data provides deeper insights into this currency pair’s trends.
As of August 11, the MDL/USD exchange rate has increased by 3.32% over the past year, indicating a gradual strengthening of the Moldovan Leu against the US Dollar. This upward trend suggests improved purchasing power for the currency.
Over the last 30 days, the exchange rate has fluctuated between a high of $0.058989 and a low of $0.058346. A broader three-month analysis reveals a peak of $0.059766 and a trough of $0.057365. The average exchange rate for the past month stands at $0.058766, reflecting steady economic activity.
Market volatility has remained within a range of 0.48% to 0.50%, signaling cautious optimism among investors. While the Moldovan Leu shows signs of appreciation, the moderate fluctuations highlight lingering uncertainties in global markets. These variations can significantly impact capital flows and investment strategies.
For individuals and businesses engaged in international transactions—whether for education, travel, or commerce—monitoring the MDL/USD exchange rate is essential. Understanding these trends empowers decision-making in currency conversion, investments, and cross-border trade.