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base info The Parallel

The Parallel to Moldovan Leu Converter and calculator

Convert 1The Parallel (PRL) to Moldovan Leu (MDL) equals L 0.01076 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of The Parallel(PRL) to Moldovan Leu(MDL). This is the real-time data. The current conversion shows 1 PRL at a value of 1 PRL for 0.01 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.

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Bitget crypto-to-fiat exchange data shows that the most popular The Parallel currency pair is the PRL to MDL, with for The Parallel's currency code being PRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.

PRL to MDL conversion rate trend

1D7D1M3M1YAll
In the past 1D, The Parallel has changed -0.00% to MDL. Based on the trend and price charts, The Parallel(PRL) has changed -0.00% to MDL while Moldovan Leu(MDL) has changed % to PRL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L0.01076
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:34:49(UTC+0)

How to buy The Parallel

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Buy The Parallel (PRL)
Use a variety of payment options to buy The Parallel on Bitget. We'll show you how.

Buy PRL (or USDT) for MDL (Moldovan Leu) offers

Bitget P2P trading does not currently support direct buying of PRL with MDL. However, you can buy USDT in Bitget P2P trading first, and then buy PRL with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell PRL (or USDT) for MDL (Moldovan Leu) offers

Bitget P2P trading currently does not support direct selling of PRL to MDL. However, you can first exchange PRL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of The Parallel to Moldovan Leu?

The Parallel to Moldovan Leu is rising this week.
The Parallel's current market price is L 0.01076 per PRL, with a total market cap of L 0 MDL based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by -100.00% (L -- MDL) in the last 24 hours. Last trading day, PRL's trading volume was L --.
Market cap
$0
24h volume
$0
Circulating supply
0 PRL

Conversion tables

The exchange rate of The Parallel is increasing.
1 PRL is currently valued at L 0.01076 MDL , which means buying 5 PRL will cost L 0.05382 MDL . Similarly, L1 MDL can be traded for 92.9 PRL, and L50 MDL can be converted to 4,644.93 PRL, excluding any platform or gas fees.
The exchange rate of 1 PRL to Moldovan Leu has changed by +1.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.00%, reaching a high of 0.01076 MDL and a low of 0.01076 MDL . One month ago, the value of 1 PRL was L 0.01071 MDL , which represents a +0.55% change from its current value. Over the last year, The Parallel has changed by
-L
0.004530MDL
, resulting in a change of -29.62% in its value.

PRL to MDL

Amount
07:29 am today
0.5 PRL
L0.005382
1 PRL
L0.01076
5 PRL
L0.05382
10 PRL
L0.1076
50 PRL
L0.5382
100 PRL
L1.08
500 PRL
L5.38
1000 PRL
L10.76

MDL to PRL

Amount07:29 am today
0.5MDL46.45  PRL
1MDL92.9  PRL
5MDL464.49  PRL
10MDL928.99  PRL
50MDL4,644.93  PRL
100MDL9,289.86  PRL
500MDL46,449.29  PRL
1000MDL92,898.57  PRL

Today vs. 24 hours ago

Amount07:29 am today24 hours ago24h change
0.5 PRL$0.0002917$0.0002917
-0.00%
1 PRL$0.0005834$0.0005834
-0.00%
5 PRL$0.002917$0.002917
-0.00%
10 PRL$0.005834$0.005834
-0.00%
50 PRL$0.02917$0.02917
-0.00%
100 PRL$0.05834$0.05834
-0.00%
500 PRL$0.2917$0.2917
-0.00%
1000 PRL$0.5834$0.5834
-0.00%

Today vs. 1 month ago

Amount07:29 am today1 month ago1M change
0.5 PRL$0.0002917$0.0002901
+0.55%
1 PRL$0.0005834$0.0005802
+0.55%
5 PRL$0.002917$0.002901
+0.55%
10 PRL$0.005834$0.005802
+0.55%
50 PRL$0.02917$0.02901
+0.55%
100 PRL$0.05834$0.05802
+0.55%
500 PRL$0.2917$0.2901
+0.55%
1000 PRL$0.5834$0.5802
+0.55%

Today vs. 1 year ago

Amount07:29 am today1 year ago1Y change
0.5 PRL$0.0002917$0.0004145
-29.62%
1 PRL$0.0005834$0.0008289
-29.62%
5 PRL$0.002917$0.004145
-29.62%
10 PRL$0.005834$0.008289
-29.62%
50 PRL$0.02917$0.04145
-29.62%
100 PRL$0.05834$0.08289
-29.62%
500 PRL$0.2917$0.4145
-29.62%
1000 PRL$0.5834$0.8289
-29.62%

The Parallel price prediction

What will the price of PRL be in 2025?

Based on PRL's historical price performance prediction model, the price of PRL is projected to reach $0.0006592 in 2025.

What will the price of PRL be in 2030?

In 2030, the PRL price is expected to change by -19.00%. By the end of 2030, the PRL price is projected to reach $0.0007792, with a cumulative ROI of +33.56%.

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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 The Parallel 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 The Parallel 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 The Parallel 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.