REN
MDL
Last updated 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 Ren(REN) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 REN at a value of 1 REN for 0.75 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 Ren currency pair is the REN to MDL, with for Ren's currency code being REN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.
REN to MDL conversion rate trend
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In the past 1D, Ren has changed +35.95% to MDL. Based on the trend and price charts, Ren(REN) has changed +35.95% to MDL while Moldovan Leu(MDL) has changed % to REN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | L0.5459 | 0.0200% / 0.0320%  VIP 7 | |
Binance | L0.7851 | 0.1000% / 0.1000% | Yes |
OKX | L0.6670 | 0.080% / 0.100% | Yes |
Huobi | L0.7615 | 0.1000% / 0.1000% | Yes |
Gate.io | L0.5459 | 0.1000% / 0.1000% | Yes |
Bybit | L0.5468 | 0.1000% / 0.1000% | Yes |
KuCoin | L0.5434 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Ren
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Buy Ren (REN)
Use a variety of payment options to buy Ren on Bitget. We'll show you how.
Learn MoreBuy REN (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading does not currently support direct buying of REN with MDL. However, you can buy USDT in Bitget P2P trading first, and then buy REN with USDT via Bitget spot market.
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|---|
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Sell REN (or USDT) for MDL (Moldovan Leu) offers
Bitget P2P trading currently does not support direct selling of REN to MDL. However, you can first exchange REN 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 Ren to Moldovan Leu?
Ren to Moldovan Leu is falling this week.Ren's current market price is L 0.7450 per REN, with a total market cap of L 744,542,472.42 MDL based on a circulating supply of 999,330,500 REN. The trading volume of Ren has changed by -20.37% (L -6,902,949.35 MDL) in the last 24 hours. Last trading day, REN's trading volume was L 33,885,160.48.
Market cap
$40.53M
24h volume
$1.47M
Circulating supply
999.33M REN
Conversion tables
The exchange rate of Ren is decreasing.1 REN is currently valued at L 0.7450 MDL , which means buying 5 REN will cost L 3.73 MDL . Similarly, L1 MDL can be traded for 1.34 REN, and L50 MDL can be converted to 67.11 REN, excluding any platform or gas fees.
The exchange rate of 1 REN to Moldovan Leu has changed by -3.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by +35.95%, reaching a high of 0.7529 MDL and a low of 0.5334 MDL . One month ago, the value of 1 REN was L 0.7938 MDL , which represents a -6.15% change from its current value. Over the last year, Ren has changed by , resulting in a change of -39.89% in its value.
-L
0.4943MDLREN to MDL
Amount
15:30 today
0.5 REN
L0.3725
1 REN
L0.7450
5 REN
L3.73
10 REN
L7.45
50 REN
L37.25
100 REN
L74.5
500 REN
L372.52
1000 REN
L745.04
MDL to REN
Amount15:30 today
0.5MDL0.6711 REN
1MDL1.34 REN
5MDL6.71 REN
10MDL13.42 REN
50MDL67.11 REN
100MDL134.22 REN
500MDL671.1 REN
1000MDL1,342.21 REN
Today vs. 24 hours ago
| Amount | 15:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REN | $0.02028 | $0.01492 | +35.95% |
| 1 REN | $0.04056 | $0.02984 | +35.95% |
| 5 REN | $0.2028 | $0.1492 | +35.95% |
| 10 REN | $0.4056 | $0.2984 | +35.95% |
| 50 REN | $2.03 | $1.49 | +35.95% |
| 100 REN | $4.06 | $2.98 | +35.95% |
| 500 REN | $20.28 | $14.92 | +35.95% |
| 1000 REN | $40.56 | $29.84 | +35.95% |
Today vs. 1 month ago
| Amount | 15:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REN | $0.02028 | $0.02161 | -6.15% |
| 1 REN | $0.04056 | $0.04322 | -6.15% |
| 5 REN | $0.2028 | $0.2161 | -6.15% |
| 10 REN | $0.4056 | $0.4322 | -6.15% |
| 50 REN | $2.03 | $2.16 | -6.15% |
| 100 REN | $4.06 | $4.32 | -6.15% |
| 500 REN | $20.28 | $21.61 | -6.15% |
| 1000 REN | $40.56 | $43.22 | -6.15% |
Today vs. 1 year ago
| Amount | 15:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REN | $0.02028 | $0.03374 | -39.89% |
| 1 REN | $0.04056 | $0.06747 | -39.89% |
| 5 REN | $0.2028 | $0.3374 | -39.89% |
| 10 REN | $0.4056 | $0.6747 | -39.89% |
| 50 REN | $2.03 | $3.37 | -39.89% |
| 100 REN | $4.06 | $6.75 | -39.89% |
| 500 REN | $20.28 | $33.74 | -39.89% |
| 1000 REN | $40.56 | $67.47 | -39.89% |
Ren price prediction
What will the price of REN be in 2025?
Based on REN's historical price performance prediction model, the price of REN is projected to reach $0.05075 in 2025.
What will the price of REN be in 2030?
In 2030, the REN price is expected to change by -20.00%. By the end of 2030, the REN price is projected to reach $0.08650, with a cumulative ROI of +114.01%.
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Popular Ren conversions
Check out these popular currency conversions of Ren to several fiat currencies.
Ren to USD
1 REN to $ 0.04056 USD
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1 REN to € 0.03888 EUR
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1 REN to ₩ 58.67 KRW
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1 REN to $ 0.05824 CAD
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1 REN to $ 0.06488 AUD
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1 REN to ¥ 6.35 JPY
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1 REN to R$ 0.2468 BRL
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1 REN to ¥ 0.2960 CNY
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1 REN to NT$ 1.32 TWD
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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 Ren 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 Ren 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 Ren 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.
