Euro to Moldovan Leu Exchange Rate History: 2000–2026
This page provides historical exchange rates for the Moldovan leu (MDL) against the euro (EUR) and for the euro against the Moldovan leu in Germany. It includes historical exchange rate charts, yearly trends, average rates, and historical highs and lows. You can see how the MDL/EUR and EUR/MDL exchange rates have changed over different periods and compare historical exchange rates by year.
Historical EUR/MDL Exchange Rates by Year, 2000–2026
Table 1 shows the historical development of the euro exchange rate against the Moldovan leu from 2000 to 2026. For every year, the annual average exchange rate is shown based on official Deutsche Bundesbank data 1. The table also includes the change from the previous year and the change compared with the first year of the period under review. The annual average exchange rate helps illustrate the broader trend of the EUR/MDL currency pair without placing too much emphasis on short-term fluctuations on specific dates. Because the data for 2026 is preliminary and updated daily, only completed years from 2000 through 2025 are included in the statistical indicators used to assess long-term exchange rate trends.
In 2025, the average euro exchange rate against the Moldovan leu was 19.59 MDL per 1 EUR, or 0.051 EUR per 1 MDL. Compared with 2000, the Moldovan leu depreciated by 41.3 % against the euro, corresponding to an average annual decline of about 2.11 % (CAGR). Over the same period, the euro exchange rate rose by 70.5 % against the Moldovan leu 2. The average EUR/MDL exchange rate over the entire period was 17.40 MDL per 1 EUR (while the average MDL/EUR exchange rate was 0.059 EUR per MDL), so the latest annual average euro exchange rate is 12.6 % above the long-term average.
During the period under review, the highest annual average MDL/EUR rate was 0.087 EUR per 1 MDL (equivalent to 11.49 MDL per 1 EUR) in 2000, while the lowest was 0.045 EUR per 1 MDL (equivalent to 22.05 MDL per 1 EUR) in 2016. Overall, the long-term trend indicates that the Moldovan leu has weakened against the euro.
Table 1: Annual changes 3 in the euro exchange rate against the Moldovan leu
| Year | Exchange rate 1 EUR = ... MDL | Change from previous year | Change since 2000 | Exchange rate 1 MDL = ... EUR | Trend EUR | Trend MDL |
|---|---|---|---|---|---|---|
| 2000 | 11.49 | — iIn 2000, the average euro exchange rate against the Moldovan leu was 11.49 MDL per 1 EUR, or 0.087 EUR per 1 MDL. As this is the first year in the period under review, no year-on-year change is available. There is also no change compared with the base year 2000, as the exchange rate of 1 EUR = 11.49 MDL is used as the starting point for comparison. | 0.0 % | 0.087 | ⚖ | ⚖ |
| 2001 | 11.52 | +0.3 % iIn 2001, the average EUR/MDL exchange rate was 11.52 MDL per 1 EUR, or 0.087 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 0.3 % against the Moldovan leu, while MDL depreciated by 0.3 % against the euro 2. | +0.3 % | 0.087 | ▲ | ▼ |
| 2002 | 12.83 | +11.4 % iIn 2002, the average EUR/MDL exchange rate was 12.83 MDL per 1 EUR, or 0.078 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 11.4 % against the Moldovan leu, while MDL depreciated by 10.2 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 11.7 %, while the value of the Moldovan leu against the euro decreased by 10.5 %. | +11.7 % | 0.078 | ▲ | ▼ |
| 2003 | 15.74 | +22.7 % iIn 2003, the average EUR/MDL exchange rate was 15.74 MDL per 1 EUR, or 0.064 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 22.7 % against the Moldovan leu, while MDL depreciated by 18.5 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 37.0 %, while the value of the Moldovan leu against the euro decreased by 27.0 %. | +37.0 % | 0.064 | ▲ | ▼ |
| 2004 | 15.33 | -2.6 % iIn 2004, the average EUR/MDL exchange rate was 15.33 MDL per 1 EUR, or 0.065 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 2.6 % against the Moldovan leu, while MDL appreciated by 2.7 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 33.4 %, while the value of the Moldovan leu against the euro decreased by 25.1 %. | +33.4 % | 0.065 | ▼ | ▲ |
| 2005 | 15.69 | +2.3 % iIn 2005, the average EUR/MDL exchange rate was 15.69 MDL per 1 EUR, or 0.064 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 2.3 % against the Moldovan leu, while MDL depreciated by 2.3 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 36.5 %, while the value of the Moldovan leu against the euro decreased by 26.8 %. | +36.5 % | 0.064 | ▲ | ▼ |
| 2006 | 16.49 | +5.1 % iIn 2006, the average EUR/MDL exchange rate was 16.49 MDL per 1 EUR, or 0.061 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 5.1 % against the Moldovan leu, while MDL depreciated by 4.9 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 43.5 %, while the value of the Moldovan leu against the euro decreased by 30.3 %. | +43.5 % | 0.061 | ▲ | ▼ |
| 2007 | 16.60 | +0.7 % iIn 2007, the average EUR/MDL exchange rate was 16.60 MDL per 1 EUR, or 0.060 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 0.7 % against the Moldovan leu, while MDL depreciated by 0.6 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 44.4 %, while the value of the Moldovan leu against the euro decreased by 30.8 %. | +44.4 % | 0.060 | ▲ | ▼ |
| 2008 | 15.29 | -7.9 % iIn 2008, the average EUR/MDL exchange rate was 15.29 MDL per 1 EUR, or 0.065 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 7.9 % against the Moldovan leu, while MDL appreciated by 8.6 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 33.0 %, while the value of the Moldovan leu against the euro decreased by 24.8 %. | +33.0 % | 0.065 | ▼ | ▲ |
| 2009 | 15.53 | +1.6 % iIn 2009, the average EUR/MDL exchange rate was 15.53 MDL per 1 EUR, or 0.064 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 1.6 % against the Moldovan leu, while MDL depreciated by 1.5 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 35.1 %, while the value of the Moldovan leu against the euro decreased by 26.0 %. | +35.1 % | 0.064 | ▲ | ▼ |
| 2010 | 16.40 | +5.6 % iIn 2010, the average EUR/MDL exchange rate was 16.40 MDL per 1 EUR, or 0.061 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 5.6 % against the Moldovan leu, while MDL depreciated by 5.3 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 42.7 %, while the value of the Moldovan leu against the euro decreased by 29.9 %. | +42.7 % | 0.061 | ▲ | ▼ |
| 2011 | 16.34 | -0.4 % iIn 2011, the average EUR/MDL exchange rate was 16.34 MDL per 1 EUR, or 0.061 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 0.4 % against the Moldovan leu, while MDL appreciated by 0.4 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 42.2 %, while the value of the Moldovan leu against the euro decreased by 29.7 %. | +42.2 % | 0.061 | ▼ | ▲ |
| 2012 | 15.57 | -4.7 % iIn 2012, the average EUR/MDL exchange rate was 15.57 MDL per 1 EUR, or 0.064 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 4.7 % against the Moldovan leu, while MDL appreciated by 5.0 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 35.4 %, while the value of the Moldovan leu against the euro decreased by 26.2 %. | +35.4 % | 0.064 | ▼ | ▲ |
| 2013 | 16.72 | +7.4 % iIn 2013, the average EUR/MDL exchange rate was 16.72 MDL per 1 EUR, or 0.060 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 7.4 % against the Moldovan leu, while MDL depreciated by 6.9 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 45.5 %, while the value of the Moldovan leu against the euro decreased by 31.3 %. | +45.5 % | 0.060 | ▲ | ▼ |
| 2014 | 18.63 | +11.4 % iIn 2014, the average EUR/MDL exchange rate was 18.63 MDL per 1 EUR, or 0.054 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 11.4 % against the Moldovan leu, while MDL depreciated by 10.2 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 62.1 %, while the value of the Moldovan leu against the euro decreased by 38.3 %. | +62.1 % | 0.054 | ▲ | ▼ |
| 2015 | 20.89 | +12.1 % iIn 2015, the average EUR/MDL exchange rate was 20.89 MDL per 1 EUR, or 0.048 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 12.1 % against the Moldovan leu, while MDL depreciated by 10.8 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 81.8 %, while the value of the Moldovan leu against the euro decreased by 45.0 %. | +81.8 % | 0.048 | ▲ | ▼ |
| 2016 | 22.05 | +5.6 % iIn 2016, the average EUR/MDL exchange rate was 22.05 MDL per 1 EUR, or 0.045 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 5.6 % against the Moldovan leu, while MDL depreciated by 5.3 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 91.9 %, while the value of the Moldovan leu against the euro decreased by 47.9 %. | +91.9 % | 0.045 | ▲ | ▼ |
| 2017 | 20.83 | -5.5 % iIn 2017, the average EUR/MDL exchange rate was 20.83 MDL per 1 EUR, or 0.048 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 5.5 % against the Moldovan leu, while MDL appreciated by 5.9 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 81.2 %, while the value of the Moldovan leu against the euro decreased by 44.8 %. | +81.2 % | 0.048 | ▼ | ▲ |
| 2018 | 19.85 | -4.7 % iIn 2018, the average EUR/MDL exchange rate was 19.85 MDL per 1 EUR, or 0.050 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 4.7 % against the Moldovan leu, while MDL appreciated by 5.0 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 72.7 %, while the value of the Moldovan leu against the euro decreased by 42.1 %. | +72.7 % | 0.050 | ▼ | ▲ |
| 2019 | 19.67 | -0.9 % iIn 2019, the average EUR/MDL exchange rate was 19.67 MDL per 1 EUR, or 0.051 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 0.9 % against the Moldovan leu, while MDL appreciated by 0.9 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 71.2 %, while the value of the Moldovan leu against the euro decreased by 41.6 %. | +71.2 % | 0.051 | ▼ | ▲ |
| 2020 | 19.75 | +0.4 % iIn 2020, the average EUR/MDL exchange rate was 19.75 MDL per 1 EUR, or 0.051 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 0.4 % against the Moldovan leu, while MDL depreciated by 0.4 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 71.9 %, while the value of the Moldovan leu against the euro decreased by 41.8 %. | +71.9 % | 0.051 | ▲ | ▼ |
| 2021 | 20.92 | +5.9 % iIn 2021, the average EUR/MDL exchange rate was 20.92 MDL per 1 EUR, or 0.048 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 5.9 % against the Moldovan leu, while MDL depreciated by 5.6 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 82.1 %, while the value of the Moldovan leu against the euro decreased by 45.1 %. | +82.1 % | 0.048 | ▲ | ▼ |
| 2022 | 19.90 | -4.9 % iIn 2022, the average EUR/MDL exchange rate was 19.90 MDL per 1 EUR, or 0.050 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 4.9 % against the Moldovan leu, while MDL appreciated by 5.1 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 73.2 %, while the value of the Moldovan leu against the euro decreased by 42.2 %. | +73.2 % | 0.050 | ▼ | ▲ |
| 2023 | 19.64 | -1.3 % iIn 2023, the average EUR/MDL exchange rate was 19.64 MDL per 1 EUR, or 0.051 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 1.3 % against the Moldovan leu, while MDL appreciated by 1.3 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 70.9 %, while the value of the Moldovan leu against the euro decreased by 41.5 %. | +70.9 % | 0.051 | ▼ | ▲ |
| 2024 | 19.25 | -2.0 % iIn 2024, the average EUR/MDL exchange rate was 19.25 MDL per 1 EUR, or 0.052 EUR per 1 MDL. Compared with the previous year, the euro depreciated by 2.0 % against the Moldovan leu, while MDL appreciated by 2.0 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 67.5 %, while the value of the Moldovan leu against the euro decreased by 40.3 %. | +67.5 % | 0.052 | ▼ | ▲ |
| 2025 | 19.59 | +1.8 % iIn 2025, the average EUR/MDL exchange rate was 19.59 MDL per 1 EUR, or 0.051 EUR per 1 MDL. Compared with the previous year, the euro appreciated by 1.8 % against the Moldovan leu, while MDL depreciated by 1.7 % against the euro 2. Compared with 2000, the value of the euro against the Moldovan leu increased by 70.5 %, while the value of the Moldovan leu against the euro decreased by 41.3 %. | +70.5 % | 0.051 | ▲ | ▼ |
| 2026 | 20.10 | +2.6 % iThe average exchange rate for 2026 is based on data available since the beginning of the year and is therefore preliminary. It may change as new daily exchange rates for the Moldovan leu are published and is not directly comparable with the final annual average exchange rates of previous years. | +74.9 % | 0.050 | ▲ | ▼ |
Euro to Moldovan Leu Exchange Rate Trends by Year
The following chart shows the yearly development of the euro exchange rate against the Moldovan leu (1 EUR = ... MDL). When the bars show an upward trend and are displayed in green, this indicates that the euro is strengthening while the Moldovan leu is weakening against the euro. When the bars show a downward trend and are displayed in red, the Moldovan leu is strengthening against the euro while the euro is weakening.
Chart 1. Yearly changes in the euro exchange rate against the Moldovan leu
Moldovan Leu to Euro Exchange Rate Trends by Year
The following chart shows the yearly development of the Moldovan leu exchange rate against the euro (1 MDL = ... EUR). When the bars show an upward trend and are displayed in green, this indicates that the Moldovan leu is strengthening while the euro is weakening. When the bars show a downward trend and are displayed in red, this indicates that the Moldovan leu is weakening while the euro is strengthening.
Chart 2. Yearly changes in the Moldovan leu exchange rate against the euro
Historical Exchange Rate Analysis: Euro to Moldovan Leu and Moldovan Leu to Euro
This section provides the main statistical indicators for the annual average exchange rate of the euro against the Moldovan leu and the Moldovan leu against the euro from 2000 to 2025 (direct quotation and inverse quotation). The statistics provide a quick overview of the long-term exchange rate trend, trend strength, historical range and the position of the latest annual average rate relative to previous values. The “latest annual average exchange rate” refers to the average exchange rate for the most recent completed year in the period under review, which is 2025.
- Euro to Moldovan leu
- Moldovan leu to euro
Key statistics for the euro exchange rate against the Moldovan leu
Key indicators | |
| Average exchange rate for the entire period | 1 EUR = 17.40 MDL |
|---|---|
| Latest annual average exchange rate (2025) | 1 EUR = 19.59 MDL |
| Deviation of the latest annual average from the long-term average | 12.6 % |
| Exchange rate change since 2000 | 70.5 % |
| Compound annual rate of change (CAGR) | 2.16 % |
| Change factor since 2000 | 1.7 |
Historical highs and lows | |
| Lowest annual average exchange rate | 1 EUR = 11.49 MDL in 2000 |
| Highest annual average exchange rate | 1 EUR = 22.05 MDL in 2016 |
| Percentage range between the historical low and high | 91.9 % |
| How far the latest annual average is below the historical high | 11.2 % |
| How far the latest annual average is above the historical low | 70.5 % |
Trend and annual changes | |
| Number of years in which the euro exchange rate increased | 15 |
| Number of years in which the euro exchange rate decreased | 10 |
| Number of years with no change | 0 |
| Largest annual appreciation of the euro | 22.7 % in 2003 |
| Largest annual depreciation of the euro | -7.9 % in 2008 |
| Most recent of the longest streaks of increases | 4 years from 2012 to 2016 |
| Most recent of the longest streaks of decreases | 3 years from 2021 to 2024 |
| Average absolute annual change | 5.2 % |
From 2000 to 2025, the average annual euro exchange rate against the Moldovan leu changed from 11.49 MDL per EUR to 19.59 MDL per EUR. Over the entire period, the EUR/MDL exchange rate increased by 70.5 %, corresponding to a change by a factor of 1.7. The compound annual rate of change (CAGR) was 2.16 %. The average exchange rate for the entire period was 17.40 MDL per EUR. The latest annual average rate is 12.6 % above the average for the entire period under review.
During the period under review, the lowest annual average exchange rate was 11.49 MDL per EUR in 2000, while the highest was 22.05 MDL per EUR in 2016. The range between the minimum and maximum reached 91.9 %. The latest annual average rate is 11.2 % below the historical maximum. The average absolute year-on-year change was 5.2 %, indicating the average magnitude of annual exchange-rate fluctuations over the entire observation period. The most recent of the longest streaks of consecutive increases lasted 4 years (2012–2016). The most recent of the longest streaks of consecutive decreases lasted 3 years. Over the period under review, years with a rising EUR/MDL exchange rate were more frequent.
Key statistics for the Moldovan leu exchange rate against the euro
Key indicators | |
| Average exchange rate for the entire period | 1 MDL = 0.059 EUR |
|---|---|
| Latest annual average exchange rate (2025) | 1 MDL = 0.051 EUR |
| Deviation of the latest annual average from the long-term average | -13.8 % |
| Exchange rate change since 2000 | -41.3 % |
| Compound annual rate of change (CAGR) | -2.11 % |
| Change factor since 2000 | 1.7 |
Historical highs and lows | |
| Lowest annual average exchange rate | 1 MDL = 0.045 EUR in 2016 |
| Highest annual average exchange rate | 1 MDL = 0.087 EUR in 2000 |
| Percentage range between the historical low and high | 47.9 % |
| How far the latest annual average is below the historical high | 41.3 % |
| How far the latest annual average is above the historical low | 12.6 % |
Trend and annual changes | |
| Number of years in which the Moldovan leu exchange rate increased | 10 |
| Number of years in which the Moldovan leu exchange rate decreased | 15 |
| Number of years with no change | 0 |
| Largest annual appreciation of the Moldovan leu | 8.6 % in 2008 |
| Largest annual depreciation of the Moldovan leu | -18.5 % in 2003 |
| Most recent of the longest streaks of increases | 3 years from 2021 to 2024 |
| Most recent of the longest streaks of decreases | 4 years from 2012 to 2016 |
| Average absolute annual change | 4.9 % |
From 2000 to 2025, the average annual exchange rate of the Moldovan leu against the euro changed from 0.087 to 0.051 EUR per MDL. Over the entire period, the MDL/EUR exchange rate decreased by 41.3 %, corresponding to a change by a factor of 1.7. The compound annual rate of change (CAGR) over the period was -2.11 %. The average exchange rate for the entire period was 0.059 EUR per MDL. The latest annual average rate is 13.8 % below the average for the entire period under review.
During the period under review, the lowest annual average exchange rate was 0.045 EUR per MDL in 2016, while the highest was 0.087 EUR per MDL in 2000. The range between the minimum and maximum reached 47.9 %. The latest annual average rate is 41.3 % below the historical maximum. The average absolute year-on-year change was 4.9 %, indicating the average magnitude of annual exchange-rate fluctuations over the entire observation period. The most recent of the longest streaks of consecutive increases lasted 3 years (2021–2024). The most recent of the longest streaks of consecutive decreases lasted 4 years. Over the period under review, years with a falling MDL/EUR exchange rate were more frequent.
Notes on the exchange rate data
- The historical annual average euro exchange rates against the Moldovan leu are based on data from the Deutsche Bundesbank. The average Moldovan leu exchange rate for 2026 is calculated using mid-market rates available from German banks since the beginning of the year. For more information, see the page “The current Moldovan leu to euro exchange rate”.
- The percentage change differs between the direct and inverse exchange rate quotations, even though both describe the same currency pair. For example, if the exchange rate changes from 1 EUR = 11.49 MDL to 1 EUR = 22.05 MDL, the percentage change is 91.9 %. In the inverse quotation, however, the rate changes from 1 MDL = 0.087 EUR to 1 MDL = 0.045 EUR, which corresponds to a change of 47.9 %, not 91.9 %. This is because percentage change is always calculated relative to the starting value, and the starting values are different for the direct and inverse exchange rate quotations.
- The exchange rates shown in the table are rounded to two or three decimal places, while all statistical indicators are calculated from the underlying data to four decimal places. As a result, manual calculations based on the displayed values may produce small differences due to rounding.
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