The Moldovan leu is the official currency of the Republic of Moldova, introduced in 1993. It is abbreviated as MDL and is subdivided into 100 bani. The leu is issued by the National Bank of Moldova and is used for all transactions within the country. The currency features various designs, including images of notable Moldovan figures and landmarks. The exchange rate of the Moldovan leu can fluctuate against other currencies, such as the Euro and the US dollar, reflecting economic conditions in Moldova and the broader region.