Convert 1 Canadian Dollar (CAD) to Moldovan Leu (MDL)
Exchange rates used for currency conversion updated on 20th September 2019 ( 20/09/2019 )
Below you will find the latest exchange rate for exchanging Canadian Dollar (CAD) to Moldovan Leu (MDL) , a table containing most common conversions and a chart with the pair's evolution.
The Canadian Dollar (CAD) to Moldovan Leu (MDL) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.
About Moldovan Leu (MDL)
Moldova is located in Eastern Europe and lies close to the Black Sea. The official currency of Moldova is the Moldovan Leu. The Leu is subdivided into 100 bani and coins distributed include 1, 5, 10 and 25 bani, made from aluminum. 50 bani are produced from aluminum and bronze. Aluminum bani and nickel plated steel coins were distributed but withdrawn from circulation in 1993.