DZD to MDL Exchange Rate - Convert Algerian Dinar to Moldovan Leu

Converting from Algerian Dinar (DZD) to Moldovan Leu (MDL)

What is Algerian Dinar (DZD)

The Algerian Dinar (DZD) is the official currency of Algeria, a country located in North Africa. It is divided into 100 centimes. The Dinar was introduced in 1964, replacing the Algerian franc, and has been a significant part of Algeria's economy. As of October 2023, the DZD is often used in everyday transactions across Algeria, including businesses, markets, and government services.

The Central Bank of Algeria is responsible for issuing and regulating the Dinar. The value of the DZD can fluctuate due to various factors, including oil prices, foreign investment, and economic policies. While the Dinar is not widely traded on international markets, it plays a crucial role in the local economy.

Importantly, the currency is available in various denominations: both coins and banknotes. Coins come in 1, 2, 5, 10, 20, and 50 DZD, while banknotes are available in 100, 200, 500, and 1000 DZD denominations. Travelers and businesses dealing with Algeria often need to exchange their currency for DZD, making it essential to understand the conversion process.

What is Moldovan Leu (MDL)

The Moldovan Leu (MDL) is the official currency of Moldova, a landlocked country located in Eastern Europe. The currency is subdivided into 100 bani. The Leu was first introduced in 1993, following the independence of Moldova from the Soviet Union. Like the DZD, the MDL reflects the economic conditions of its home country and is managed by the National Bank of Moldova.

The MDL is an essential part of daily life in Moldova, used in everything from shopping to paying for public services. Banknotes come in denominations of 1, 5, 10, 20, 50, 100, 200, and 500 MDL, while coins are available in 1, 5, 10, 25, and 50 bani.

The exchange rate between the DZD and MDL can vary and is influenced by multiple factors, including economic stability, inflation rates, and geopolitical developments. For those interested in converting DZD to MDL, it's crucial to stay updated with the latest exchange rates, which can be checked through banks, exchange services, or financial websites.

Converting between currencies can be a complex process. To get an approximate value when converting DZD to MDL, you can use the following formula:

AmountMDL = AmountDZD × ExchangeRate(DZD → MDL)

This equation shows that the amount of Moldovan Leu you receive will depend on the current exchange rate between the two currencies. Understanding these currencies will help you navigate financial dealings in both Algeria and Moldova effectively.

Algerian Dinar to Moldovan Leu conversion table

DZD to MDL conversion table

Algerian Dinar (DZD)Moldovan Leu (MDL)
1 DZD0.13331760603 MDL
2 DZD0.26663521206 MDL
3 DZD0.39995281809 MDL
4 DZD0.53327042412 MDL
5 DZD0.66658803015 MDL
6 DZD0.79990563618 MDL
7 DZD0.93322324221 MDL
8 DZD1.06654084824 MDL
9 DZD1.19985845427 MDL
10 DZD1.3331760603 MDL
100 DZD13.33176060301 MDL
200 DZD26.66352120601 MDL
300 DZD39.99528180902 MDL
400 DZD53.32704241203 MDL
500 DZD66.65880301504 MDL
600 DZD79.99056361804 MDL
700 DZD93.32232422105 MDL
800 DZD106.65408482406 MDL
900 DZD119.98584542707 MDL
1 000 DZD133.31760603007 MDL
2 000 DZD266.63521206015 MDL
5 000 DZD666.58803015037 MDL
10 000 DZD1 333.17606030075 MDL
20 000 DZD2 666.35212060149 MDL
50 000 DZD6 665.88030150373 MDL
100 000 DZD13 331.76060300745 MDL
Last updated March 14, 2025 at 11:55 PM