Moldovan leu · MDL
L symbol · 1 country currently using this currency.
Currency info
Adopted: 1993
Currency family: Other
The word 'leu' means 'lion' in Romanian, reflecting Moldova's historical and cultural ties to the region.
- Introduced in 1993 following Moldova's independence from the Soviet Union, replacing the Soviet ruble
- Name derives from the historical Moldavian currency, the leu, used before Soviet occupation
- Experienced significant devaluation during the 1990s economic transition period
- Pegged to various currencies before adopting a managed float system in the 2000s
- Currently managed by the National Bank of Moldova
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
Soviet ruble