The currency of Moldova is Leu. The ISO code for Leu is MDL. The Leu is further divided in to 100 bani. This name for the official currency of Moldova is taken from Romania, of which the official currency is also LUE. The name of both the currencies is also the same meaning lion. This similarity is because Moldova was once the part of Romania in nineteenth century but became an independent state later on. Moldavian Leu was first published in 29 November 1993. They are released by central bank of Moldavia.

There are coins of 1 5 10 20 and 50 bani in Moldavia published in bronze where as banknotes in shape of Lue are available in 1, 5, 20, 50, 100, 200, 500 and 1000 Lei. Stephen, who was the great ruler of Moldavia and his portrait is printed on one side of notes. Trojans and endless column are published on the other side of banknotes. The economy of Moldavia is mostly based on economy and agriculture. However, it has very poor economy and remains the poorest of all European countries. Their revenue was almost 3 billion last year. There is a lot of corruption in Moldova and no financial action is taken by government.

Moldova Currency Lei

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April 7, 2011 | Afifa Gillani | No Comments | 315 views