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Frax to Moldovan Leu Converter and calculator

Convert 1Frax (FRAX) to Moldovan Leu (MDL) equals L 17.57 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Frax(FRAX) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 FRAX at a value of 1 FRAX for 17.57 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Frax currency pair is the FRAX to MDL, with for Frax's currency code being FRAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.

FRAX to MDL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Frax has changed -0.01% to MDL. Based on the trend and price charts, Frax(FRAX) has changed -0.01% to MDL while Moldovan Leu(MDL) has changed % to FRAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L17.57
0.0001% / 0.0004%vip-iconVIP
Gate.io
L17.05
0.1000% / 0.1000%
Yes
Last updated 2024/06/03 01:00:20(UTC+0)

How to buy Frax

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Buy Frax (FRAX)
Use a variety of payment options to buy Frax on Bitget. We'll show you how.

What factors influence the conversion rate of Frax to Moldovan Leu?

Frax to Moldovan Leu is rising this week.
Frax's current market price is L 17.57 per FRAX, with a total market cap of L 11,410,506,796.44 MDL based on a circulating supply of 649,434,240 FRAX. The trading volume of Frax has changed by -46.37% (L -149,640,652.42 MDL) in the last 24 hours. Last trading day, FRAX's trading volume was L 322,735,110.82.
Market cap
$648.03M
24h volume
$9.83M
Circulating supply
649.43M FRAX

Conversion tables

The exchange rate of Frax is decreasing.
1 FRAX is currently valued at L 17.57 MDL , which means buying 5 FRAX will cost L 87.85 MDL . Similarly, L1 MDL can be traded for 0.05692 FRAX, and L50 MDL can be converted to 2.85 FRAX, excluding any platform or gas fees.
The exchange rate of 1 FRAX to Moldovan Leu has changed by +0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 17.58 MDL and a low of 17.56 MDL . One month ago, the value of 1 FRAX was L 17.59 MDL , which represents a -0.10% change from its current value. Over the last year, Frax has changed by
-L
0.005789MDL
, resulting in a change of -0.03% in its value.

FRAX to MDL

Amount
01:24 am today
0.5 FRAX
L8.78
1 FRAX
L17.57
5 FRAX
L87.85
10 FRAX
L175.7
50 FRAX
L878.5
100 FRAX
L1,756.99
500 FRAX
L8,784.96
1000 FRAX
L17,569.92

MDL to FRAX

Amount01:24 am today
0.5MDL0.02846  FRAX
1MDL0.05692  FRAX
5MDL0.2846  FRAX
10MDL0.5692  FRAX
50MDL2.85  FRAX
100MDL5.69  FRAX
500MDL28.46  FRAX
1000MDL56.92  FRAX
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Today vs. 24 hours ago

Amount01:24 am today24 hours ago24h change
0.5 FRAX$0.4989$0.4990
-0.01%
1 FRAX$0.9978$0.9979
-0.01%
5 FRAX$4.99$4.99
-0.01%
10 FRAX$9.98$9.98
-0.01%
50 FRAX$49.89$49.9
-0.01%
100 FRAX$99.78$99.79
-0.01%
500 FRAX$498.92$498.96
-0.01%
1000 FRAX$997.84$997.92
-0.01%

Today vs. 1 month ago

Amount01:24 am today1 month ago1M change
0.5 FRAX$0.4989$0.4994
-0.10%
1 FRAX$0.9978$0.9988
-0.10%
5 FRAX$4.99$4.99
-0.10%
10 FRAX$9.98$9.99
-0.10%
50 FRAX$49.89$49.94
-0.10%
100 FRAX$99.78$99.88
-0.10%
500 FRAX$498.92$499.42
-0.10%
1000 FRAX$997.84$998.84
-0.10%
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Today vs. 1 year ago

Amount01:24 am today1 year ago1Y change
0.5 FRAX$0.4989$0.4991
-0.03%
1 FRAX$0.9978$0.9982
-0.03%
5 FRAX$4.99$4.99
-0.03%
10 FRAX$9.98$9.98
-0.03%
50 FRAX$49.89$49.91
-0.03%
100 FRAX$99.78$99.82
-0.03%
500 FRAX$498.92$499.08
-0.03%
1000 FRAX$997.84$998.17
-0.03%

Frax price prediction

What will the price of FRAX be in 2025?

Based on FRAX's historical price performance prediction model, the price of FRAX is projected to reach $1.56 in 2025.

What will the price of FRAX be in 2030?

In 2030, the FRAX price is expected to rise by -2.00%. By the end of 2030, the FRAX price is projected to reach $1.61, with a cumulative ROI of +61.75%.
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Buy Frax for 1 MDL
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Buy Frax for 1 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 Frax 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 Frax 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 Frax 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.

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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.