ALGO
MDL
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Algorand(ALGO) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 ALGO at a value of 1 ALGO for 3.81 MDL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
MDL information
About Moldovan Leu (MDL)
The Moldovan Leu (MDL), introduced in 1993, is not just the official currency of Moldova; it represents the country's journey through economic transition and its aspirations for a stable and prosperous future. It is commonly abbreviated as MDL and represented by the symbol L. Emerging after the dissolution of the Soviet Union, the Leu replaced the Soviet Ruble, marking a significant step in Moldova's path towards economic sovereignty and reform.
Historical Background
The introduction of the Moldovan Leu was a crucial element in Moldova's post-Soviet economic restructuring. It symbolized a break from the past and was a critical component in establishing a separate and independent monetary system, aligning with the nation's newfound political independence.
Design and Symbolism
The design of the Moldovan Leu reflects the nation's rich cultural heritage and history. Banknotes and coins feature images of prominent historical figures, significant architectural landmarks, and symbols representing Moldova’s traditional and cultural identity. These designs not only facilitate economic transactions but also serve as a source of national pride and identity.
Economic Role
The Leu plays a critical role in Moldova’s economy, which has been marked by a gradual transition from agriculture-based to more diverse sectors, including manufacturing and services. As the primary medium of exchange, it supports these economic activities, facilitating trade, investment, and everyday financial transactions.
Monetary Policy and Inflation
Managed by the National Bank of Moldova, the Leu has faced challenges such as inflation and currency stability, especially during periods of political and economic uncertainty. The central bank’s monetary policies aim to stabilize the currency, which is crucial for maintaining economic confidence and fostering sustainable growth.
International Trade and the Moldovan Leu
The value of the Leu is important in international trade, particularly for Moldova's exports like wine, fruits, and textiles. A stable Leu is vital for maintaining competitive export prices and attracting foreign direct investment.
Remittances and the Economy
Remittances from Moldovans working abroad, particularly in Russia and EU countries, are a significant source of foreign income. These funds, converted into Lei, play a substantial role in supporting households and contributing to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Algorand currency pair is the ALGO to MDL, with for Algorand's currency code being ALGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.
ALGO to MDL conversion rate trend
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In the past 1D, Algorand has changed -7.69% to MDL. Based on the trend and price charts, Algorand(ALGO) has changed -7.69% to MDL while Moldovan Leu(MDL) has changed % to ALGO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | L3.79 | 0.0200% / 0.0320%  VIP 7 | |
Binance | L3.81 | 0.1000% / 0.1000% | Yes |
Kraken | L3.8 | 0.1000% / 0.1000% | Yes |
OKX | L3.81 | 0.080% / 0.100% | Yes |
Huobi | L3.81 | 0.1000% / 0.1000% | Yes |
Gate.io | L3.81 | 0.1000% / 0.1000% | Yes |
Bybit | L3.8 | 0.1000% / 0.1000% | Yes |
KuCoin | L3.81 | 0.1000% / 0.1000% | Yes |
Bitfinex | L3.8 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 08:00:18(UTC+0)
How to buy Algorand
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Algorand (ALGO)
Use a variety of payment options to buy Algorand on Bitget. We'll show you how.
Buy ALGO (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading does not currently support direct buying of ALGO with MDL. However, you can buy USDT in Bitget P2P trading first, and then buy ALGO with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell ALGO (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading currently does not support direct selling of ALGO to MDL. However, you can first exchange ALGO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Algorand to Moldovan Leu?
Algorand to Moldovan Leu is rising this week.Algorand's current market price is L 3.81 per ALGO, with a total market cap of L 31,573,201,298.06 MDL based on a circulating supply of 8,280,006,000 ALGO. The trading volume of Algorand has changed by -28.65% (L -1,757,377,118.46 MDL) in the last 24 hours. Last trading day, ALGO's trading volume was L 6,134,058,599.48.
Market cap
$1.73B
24h volume
$240.34M
Circulating supply
8.28B ALGO
Conversion tables
The exchange rate of Algorand is increasing.1 ALGO is currently valued at L 3.81 MDL , which means buying 5 ALGO will cost L 19.07 MDL . Similarly, L1 MDL can be traded for 0.2622 ALGO, and L50 MDL can be converted to 13.11 ALGO, excluding any platform or gas fees.
The exchange rate of 1 ALGO to Moldovan Leu has changed by +42.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.69%, reaching a high of 4.14 MDL and a low of 3.72 MDL . One month ago, the value of 1 ALGO was L 2.27 MDL , which represents a +68.51% change from its current value. Over the last year, Algorand has changed by , resulting in a change of +61.95% in its value.
+L
1.46MDLALGO to MDL
Amount
12:19 today
0.5 ALGO
L1.91
1 ALGO
L3.81
5 ALGO
L19.07
10 ALGO
L38.13
50 ALGO
L190.66
100 ALGO
L381.32
500 ALGO
L1,906.59
1000 ALGO
L3,813.19
MDL to ALGO
Amount12:19 today
0.5MDL0.1311 ALGO
1MDL0.2622 ALGO
5MDL1.31 ALGO
10MDL2.62 ALGO
50MDL13.11 ALGO
100MDL26.22 ALGO
500MDL131.12 ALGO
1000MDL262.25 ALGO
Today vs. 24 hours ago
| Amount | 12:19 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ALGO | $0.1047 | $0.1134 | -7.69% |
| 1 ALGO | $0.2094 | $0.2268 | -7.69% |
| 5 ALGO | $1.05 | $1.13 | -7.69% |
| 10 ALGO | $2.09 | $2.27 | -7.69% |
| 50 ALGO | $10.47 | $11.34 | -7.69% |
| 100 ALGO | $20.94 | $22.68 | -7.69% |
| 500 ALGO | $104.7 | $113.41 | -7.69% |
| 1000 ALGO | $209.4 | $226.81 | -7.69% |
Today vs. 1 month ago
| Amount | 12:19 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ALGO | $0.1047 | $0.06221 | +68.51% |
| 1 ALGO | $0.2094 | $0.1244 | +68.51% |
| 5 ALGO | $1.05 | $0.6221 | +68.51% |
| 10 ALGO | $2.09 | $1.24 | +68.51% |
| 50 ALGO | $10.47 | $6.22 | +68.51% |
| 100 ALGO | $20.94 | $12.44 | +68.51% |
| 500 ALGO | $104.7 | $62.21 | +68.51% |
| 1000 ALGO | $209.4 | $124.43 | +68.51% |
Today vs. 1 year ago
| Amount | 12:19 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ALGO | $0.1047 | $0.06473 | +61.95% |
| 1 ALGO | $0.2094 | $0.1295 | +61.95% |
| 5 ALGO | $1.05 | $0.6473 | +61.95% |
| 10 ALGO | $2.09 | $1.29 | +61.95% |
| 50 ALGO | $10.47 | $6.47 | +61.95% |
| 100 ALGO | $20.94 | $12.95 | +61.95% |
| 500 ALGO | $104.7 | $64.73 | +61.95% |
| 1000 ALGO | $209.4 | $129.45 | +61.95% |
Algorand price prediction
What will the price of ALGO be in 2025?
Based on ALGO's historical price performance prediction model, the price of ALGO is projected to reach $0.2987 in 2025.
What will the price of ALGO be in 2030?
In 2030, the ALGO price is expected to change by -20.00%. By the end of 2030, the ALGO price is projected to reach $0.4027, with a cumulative ROI of +88.77%.
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Popular Algorand conversions
Check out these popular currency conversions of Algorand to several fiat currencies.
Algorand to USD
1 ALGO to $ 0.2094 USD
Algorand to GBP
1 ALGO to £ 0.1658 GBP
Algorand to EUR
1 ALGO to € 0.1991 EUR
Algorand to KRW
1 ALGO to ₩ 293.45 KRW
Algorand to CAD
1 ALGO to $ 0.2927 CAD
Algorand to AUD
1 ALGO to $ 0.3217 AUD
Algorand to JPY
1 ALGO to ¥ 32.33 JPY
Algorand to BRL
1 ALGO to R$ 1.22 BRL
Algorand to CNY
1 ALGO to ¥ 1.52 CNY
Algorand to TWD
1 ALGO to NT$ 6.82 TWD
Popular cryptocurrencies to MDL
Explore other cryptocurrencies based on your interest in Algorand.
MAD to MDL
1 MAD to L -- MDL
XRP to MDL
1 XRP to L 20.33 MDL
EGO to MDL
1 EGO to L 0.5073 MDL
Sharpe AI to MDL
1 SAI to L 0.5720 MDL
Solana to MDL
1 SOL to L 4,407.6 MDL
Bitcoin to MDL
1 BTC to L 1,784,751.9 MDL
Dogecoin to MDL
1 DOGE to L 7.01 MDL
Pepe to MDL
1 PEPE to L 0.0003565 MDL
Peanut the Squirrel to MDL
1 PNUT to L 24.7 MDL
Sui to MDL
1 SUI to L 65.04 MDL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Algorand and MDL.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Algorand and MDL. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Algorand in MDL, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
