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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.42%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$84256.16 (-0.07%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome 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 share60.42%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$84256.16 (-0.07%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
GYEN
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 GYEN(GYEN) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 GYEN at a value of 1 GYEN for 0.12 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 GYEN currency pair is the GYEN to MDL, with for GYEN's currency code being GYEN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.
GYEN to MDL conversion rate trend
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In the past 1D, GYEN has changed -0.35% to MDL. Based on the trend and price charts, GYEN(GYEN) has changed -0.35% to MDL while Moldovan Leu(MDL) has changed % to GYEN in the last 24 hours.
GYEN to MDL market statistics
GYEN/MDL:
L 0.1210
GYEN 24h volume:
L 33,025.83
GYEN market cap:
L 253,909,168.93
GYEN circulating supply:
2.10B GYEN
More info about GYEN on Bitget
Current GYEN to MDL exchange rate
GYEN to Moldovan Leu is rising this week.GYEN's current market price is L 0.1210 per GYEN, with a total market cap of L 253,909,168.93 MDL based on a circulating supply of 2,098,780,800 GYEN. The trading volume of GYEN has changed by -2.76% (L -937.21 MDL) in the last 24 hours. Last trading day, GYEN's trading volume was L 33,963.04.
GYEN to MDL Conversion tables
The exchange rate of GYEN is increasing.1 GYEN is currently valued at L 0.1210 MDL , which means buying 5 GYEN will cost L 0.6049 MDL . Similarly, L1 MDL can be traded for 8.27 GYEN, and L50 MDL can be converted to 413.29 GYEN, excluding any platform or gas fees.
The exchange rate of 1 GYEN to Moldovan Leu has changed by +1.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.35%, reaching a high of 0.1232 MDL and a low of 0.1169 MDL . One month ago, the value of 1 GYEN was L 0.1188 MDL , which represents a +1.83% change from its current value. Over the last year, GYEN has changed by , resulting in a change of +2.54% in its value.
+L
0.003002MDLGYEN to MDL
Amount
07:40 am today
0.5 GYEN
L0.06049
1 GYEN
L0.1210
5 GYEN
L0.6049
10 GYEN
L1.21
50 GYEN
L6.05
100 GYEN
L12.1
500 GYEN
L60.49
1000 GYEN
L120.98
MDL to GYEN
Amount07:40 am today
0.5MDL4.13 GYEN
1MDL8.27 GYEN
5MDL41.33 GYEN
10MDL82.66 GYEN
50MDL413.29 GYEN
100MDL826.59 GYEN
500MDL4,132.94 GYEN
1000MDL8,265.87 GYEN
GYEN to MDL Today vs. 24 hours ago
| Amount | 07:40 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GYEN | L0.06049 | L0.06070 | -0.35% |
| 1 GYEN | L0.1210 | L0.1214 | -0.35% |
| 5 GYEN | L0.6049 | L0.6070 | -0.35% |
| 10 GYEN | L1.21 | L1.21 | -0.35% |
| 50 GYEN | L6.05 | L6.07 | -0.35% |
| 100 GYEN | L12.1 | L12.14 | -0.35% |
| 500 GYEN | L60.49 | L60.7 | -0.35% |
| 1000 GYEN | L120.98 | L121.4 | -0.35% |
GYEN to MDL Today vs. 1 month ago
| Amount | 07:40 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GYEN | L0.06049 | L0.05940 | +1.83% |
| 1 GYEN | L0.1210 | L0.1188 | +1.83% |
| 5 GYEN | L0.6049 | L0.5940 | +1.83% |
| 10 GYEN | L1.21 | L1.19 | +1.83% |
| 50 GYEN | L6.05 | L5.94 | +1.83% |
| 100 GYEN | L12.1 | L11.88 | +1.83% |
| 500 GYEN | L60.49 | L59.4 | +1.83% |
| 1000 GYEN | L120.98 | L118.8 | +1.83% |
GYEN to MDL Today vs. 1 year ago
| Amount | 07:40 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GYEN | L0.06049 | L0.05899 | +2.54% |
| 1 GYEN | L0.1210 | L0.1180 | +2.54% |
| 5 GYEN | L0.6049 | L0.5899 | +2.54% |
| 10 GYEN | L1.21 | L1.18 | +2.54% |
| 50 GYEN | L6.05 | L5.9 | +2.54% |
| 100 GYEN | L12.1 | L11.8 | +2.54% |
| 500 GYEN | L60.49 | L58.99 | +2.54% |
| 1000 GYEN | L120.98 | L117.98 | +2.54% |
How to convert GYEN to MDL
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert GYEN to MDL
Use a variety of payment options to buy GYEN on Bitget. We'll show you how.
Buy GYEN (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading does not currently support direct buying of GYEN with MDL. However, you can buy USDT in Bitget P2P trading first, and then buy GYEN with USDT via Bitget spot market.
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Sell GYEN (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading currently does not support direct selling of GYEN to MDL. However, you can first exchange GYEN for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of GYEN to MDL?
There are many factors that affect the relationship between GYEN 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 GYEN/MDL. When there is positive news in the market about the widespread adoption of GYEN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GYEN/MDL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GYEN/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 GYEN/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 GYEN and adjust their investment strategies accordingly in the evolving market.
GYEN price prediction
What will the price of GYEN be in 2026?
Based on GYEN's historical price performance prediction model, the price of GYEN is projected to reach $0.006524 in 2026.
What will the price of GYEN be in 2031?
In 2031, the GYEN price is expected to change by +15.00%. By the end of 2031, the GYEN price is projected to reach $0.01189, with a cumulative ROI of +79.78%.
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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 GYEN 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 GYEN 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 GYEN 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.
