Moldovan leu (MDL)

The Moldovan leu (plural: lei, ISO code: MDL) is the official currency of Moldova, issued by the National Bank of Moldova. Introduced in November 1993 to replace the temporary Moldovan cupon at a rate of 1 leu to 1,000 cupons, it marked the establishment of an independent national monetary system following the dissolution of the Soviet Union. The leu is subdivided into 100 bani, used in everyday trade.