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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.99%
New listings on Bitget: Pi Network
BTC/USDT$83671.75 (+0.63%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.99%
New listings on Bitget: Pi Network
BTC/USDT$83671.75 (+0.63%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
DRAC
MDL
Last updated as of 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 DRAC Network(DRAC) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 DRAC at a value of 1 DRAC for 0.00 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 DRAC Network currency pair is the DRAC to MDL, with for DRAC Network's currency code being DRAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.
DRAC to MDL conversion rate trend
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In the past 1D, DRAC Network has changed +6.38% to MDL. Based on the trend and price charts, DRAC Network(DRAC) has changed +6.38% to MDL while Moldovan Leu(MDL) has changed % to DRAC in the last 24 hours.
DRAC to MDL market statistics
DRAC/MDL:
L 0.002490
DRAC 24h volume:
--
DRAC market cap:
--
DRAC circulating supply:
0 DRAC
More info about DRAC Network on Bitget
Current DRAC to MDL exchange rate
DRAC Network to Moldovan Leu is rising this week.DRAC Network's current market price is L 0.002490 per DRAC, with a total market cap of L 0 MDL based on a circulating supply of -- DRAC. The trading volume of DRAC Network has changed by 0.00% (L 0 MDL) in the last 24 hours. Last trading day, DRAC's trading volume was L 0.
DRAC to MDL Conversion tables
The exchange rate of DRAC Network is increasing.1 DRAC is currently valued at L 0.002490 MDL , which means buying 5 DRAC will cost L 0.01245 MDL . Similarly, L1 MDL can be traded for 401.59 DRAC, and L50 MDL can be converted to 20,079.33 DRAC, excluding any platform or gas fees.
The exchange rate of 1 DRAC to Moldovan Leu has changed by +4.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.38%, reaching a high of 0.002625 MDL and a low of 0.002448 MDL . One month ago, the value of 1 DRAC was L 0.002264 MDL , which represents a +9.44% change from its current value. Over the last year, DRAC Network has changed by , resulting in a change of -78.64% in its value.
-L
0.009661MDLDRAC to MDL
Amount
06:18 am today
0.5 DRAC
L0.001245
1 DRAC
L0.002490
5 DRAC
L0.01245
10 DRAC
L0.02490
50 DRAC
L0.1245
100 DRAC
L0.2490
500 DRAC
L1.25
1000 DRAC
L2.49
MDL to DRAC
Amount06:18 am today
0.5MDL200.79 DRAC
1MDL401.59 DRAC
5MDL2,007.93 DRAC
10MDL4,015.87 DRAC
50MDL20,079.33 DRAC
100MDL40,158.65 DRAC
500MDL200,793.26 DRAC
1000MDL401,586.51 DRAC
DRAC to MDL Today vs. 24 hours ago
| Amount | 06:18 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRAC | L0.001245 | L0.001166 | +6.38% |
| 1 DRAC | L0.002490 | L0.002333 | +6.38% |
| 5 DRAC | L0.01245 | L0.01166 | +6.38% |
| 10 DRAC | L0.02490 | L0.02333 | +6.38% |
| 50 DRAC | L0.1245 | L0.1166 | +6.38% |
| 100 DRAC | L0.2490 | L0.2333 | +6.38% |
| 500 DRAC | L1.25 | L1.17 | +6.38% |
| 1000 DRAC | L2.49 | L2.33 | +6.38% |
DRAC to MDL Today vs. 1 month ago
| Amount | 06:18 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRAC | L0.001245 | L0.001132 | +9.44% |
| 1 DRAC | L0.002490 | L0.002264 | +9.44% |
| 5 DRAC | L0.01245 | L0.01132 | +9.44% |
| 10 DRAC | L0.02490 | L0.02264 | +9.44% |
| 50 DRAC | L0.1245 | L0.1132 | +9.44% |
| 100 DRAC | L0.2490 | L0.2264 | +9.44% |
| 500 DRAC | L1.25 | L1.13 | +9.44% |
| 1000 DRAC | L2.49 | L2.26 | +9.44% |
DRAC to MDL Today vs. 1 year ago
| Amount | 06:18 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRAC | L0.001245 | L0.006075 | -78.64% |
| 1 DRAC | L0.002490 | L0.01215 | -78.64% |
| 5 DRAC | L0.01245 | L0.06075 | -78.64% |
| 10 DRAC | L0.02490 | L0.1215 | -78.64% |
| 50 DRAC | L0.1245 | L0.6075 | -78.64% |
| 100 DRAC | L0.2490 | L1.22 | -78.64% |
| 500 DRAC | L1.25 | L6.08 | -78.64% |
| 1000 DRAC | L2.49 | L12.15 | -78.64% |
How to convert DRAC to MDL
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert DRAC to MDL
Use a variety of payment options to buy DRAC Network on Bitget. We'll show you how.
Buy DRAC (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading does not currently support direct buying of DRAC with MDL. However, you can buy USDT in Bitget P2P trading first, and then buy DRAC 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 DRAC (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading currently does not support direct selling of DRAC to MDL. However, you can first exchange DRAC 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 DRAC to MDL?
There are many factors that affect the relationship between DRAC Network and Moldovan Leu, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of DRAC/MDL. When there is positive news in the market about the widespread adoption of DRAC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DRAC/MDL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DRAC/MDL.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of DRAC/MDL. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of DRAC Network and adjust their investment strategies accordingly in the evolving market.
DRAC Network price prediction
What will the price of DRAC be in 2026?
Based on DRAC's historical price performance prediction model, the price of DRAC is projected to reach $0.0001680 in 2026.
What will the price of DRAC be in 2031?
In 2031, the DRAC price is expected to change by +24.00%. By the end of 2031, the DRAC price is projected to reach $0.0004108, with a cumulative ROI of +192.16%.
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Popular DRAC Network Converter
Check out these popular currency conversions of DRAC Network to several fiat currencies.
DRAC to TWD
1 DRAC to NT$ 0.004666 TWD
DRAC to CNY
1 DRAC to ¥ 0.001024 CNY
DRAC to USD
1 DRAC to $ 0.0001406 USD
DRAC to MDL
1 DRAC to L 0.002490 MDL
DRAC to EUR
1 DRAC to € 0.0001283 EUR
DRAC to CAD
1 DRAC to $ 0.0002001 CAD
DRAC to KRW
1 DRAC to ₩ 0.2052 KRW
DRAC to JPY
1 DRAC to ¥ 0.02066 JPY
DRAC to GBP
1 DRAC to £ 0.0001092 GBP
DRAC to BRL
1 DRAC to R$ 0.0008213 BRL
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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 DRAC Network 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 DRAC Network 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 DRAC Network 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.
