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$SPONGE to MDL Converter and calculator

$SPONGE/MDL: 1 $SPONGE = 0.005828 MDL. The price of converting 1 Sponge ($SPONGE) to Moldovan Leu (MDL) is 0.005828 MDL today.
$SPONGE
$SPONGE
MDL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $SPONGE to MDL real-time exchange rates, making it easy to convert Sponge ($SPONGE) to Moldovan Leu (MDL). The conversion result is based on real-time data. The conversion result shows that 1 $SPONGE is currently valued at 0.01 MDL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $SPONGE is currently valued at 0.01 MDL, which means buying 5 $SPONGE would cost 0.03 MDL. Similarly, L1 MDL can be converted to 171.6 $SPONGE, and L50 MDL can be converted to 857.98 $SPONGE, excluding any platform or gas fees.

Convert $SPONGE to MDL

Convert MDL to $SPONGE

Sponge
Moldovan Leu
1 $SPONGE
0.005828  MDL
2 $SPONGE
0.01166  MDL
5 $SPONGE
0.02914  MDL
10 $SPONGE
0.05828  MDL
20 $SPONGE
0.1166  MDL
50 $SPONGE
0.2914  MDL
100 $SPONGE
0.5828  MDL
200 $SPONGE
1.17  MDL
500 $SPONGE
2.91  MDL
1000 $SPONGE
5.83  MDL
5000 $SPONGE
29.14  MDL
10000 $SPONGE
58.28  MDL
In the table above, you'll find a comprehensive $SPONGE to MDL converter that shows the value of Sponge in Moldovan Leu across commonly used conversion amounts. The list covers conversions from 1 $SPONGE to MDL, all the way up to 10000 $SPONGE, providing a clear view of their respective values.
Moldovan Leu
Sponge
10 MDL
1,715.97 $SPONGE
50 MDL
8,579.84 $SPONGE
100 MDL
17,159.68 $SPONGE
200 MDL
34,319.37 $SPONGE
500 MDL
85,798.42 $SPONGE
1000 MDL
171,596.83 $SPONGE
2000 MDL
343,193.67 $SPONGE
5000 MDL
857,984.17 $SPONGE
10000 MDL
1,715,968.34 $SPONGE
50000 MDL
8,579,841.72 $SPONGE
100000 MDL
17,159,683.44 $SPONGE
In the table above, you'll find a comprehensive MDL to $SPONGE converter that shows the value of Moldovan Leu in Sponge across commonly used conversion amounts. The list covers conversions from 1 MDL to $SPONGE, all the way up to 100000 MDL, providing a clear view of their respective values.

$SPONGE to MDL chart

$SPONGE/MDL: 1 $SPONGE = 0.005828 MDL; 2025/05/03 04:05:05
In the past 1D, Sponge has changed +3.38% to MDL. Based on the trend and price charts, Sponge($SPONGE) has changed +3.38% to MDL while Moldovan Leu(MDL) has changed % to $SPONGE in the last 24 hours.
1D7D1M3M1YAll

$SPONGE to MDL conversion data: Volatility and price changes of Sponge in MDL

The highest Sponge price in MDL over the past 7 days was 0.006070 MDL while the lowest Sponge price in MDL over the past 7 days was 0.005619 MDL. The relative change between the highs and lows in Sponge price in MDL over the last 7 days indicates a volatility of %. You can view additional volatility data and $SPONGE to MDL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.005879 MDL
0.006070 MDL
0.006202 MDL
0.006281 MDL
Low
0.005619 MDL
0.005619 MDL
0.005513 MDL
0.005223 MDL
Average
0 MDL
0 MDL
0 MDL
0 MDL
Volatility
%
%
%
%
Change
+3.38%
+3.04%
-0.83%
-5.00%

Sponge information

$SPONGE to MDL market statistics

$SPONGE/MDL:
L0.005828
$SPONGE 24h volume:
L1,579,394.04
$SPONGE market cap:
--
$SPONGE circulating supply:
0 $SPONGE

Current $SPONGE to MDL exchange rate

Sponge to Moldovan Leu is rising this week.
Sponge's current market price is L0.005828 per $SPONGE, with a total market cap of L0 MDL based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by -23.65% (L-489,145.47 MDL) in the last 24 hours. Last trading day, $SPONGE's trading volume was L2,068,539.51.

More info about Sponge on Bitget

Moldovan Leu 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 Sponge currency pair is the $SPONGE to MDL, with for Sponge's currency code being $SPONGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MDL.

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How to convert $SPONGE to MDL

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Convert $SPONGE to MDL
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Buy $SPONGE (or USDT) for MDL (Moldovan Leu) offers
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1 $SPONGE to L0.005828 MDL
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$SPONGE to MDL Conversion tables

The exchange rate of Sponge is decreasing.
The exchange rate of 1 $SPONGE to Moldovan Leu has changed by +3.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.38%, reaching a high of 0.005879 MDL and a low of 0.005619 MDL . One month ago, the value of 1 $SPONGE was L0.005876 MDL , which represents a -0.83% change from its current value. Over the last year, Sponge has changed by
+L
0.004785MDL
, resulting in a change of +459.16% in its value.
24 hours ago1 month ago1 year ago
Amount04:05 am today24 hours ago24h change
0.5 $SPONGEL0.002914L0.002819
+3.38%
1 $SPONGEL0.005828L0.005637
+3.38%
5 $SPONGEL0.02914L0.02819
+3.38%
10 $SPONGEL0.05828L0.05637
+3.38%
50 $SPONGEL0.2914L0.2819
+3.38%
100 $SPONGEL0.5828L0.5637
+3.38%
500 $SPONGEL2.91L2.82
+3.38%
1000 $SPONGEL5.83L5.64
+3.38%

$SPONGE to MDL FAQ

How much is 1 Sponge in MDL?
Right now, the price of 1 Sponge ($SPONGE) in Moldovan Leu (MDL) is L0.005828.
How much $SPONGE can I buy for 1 MDL?
Based on the current exchange rate, you can get 171.6 $SPONGE for 1 MDL.
How do I calculate or convert $SPONGE to MDL?
You can use our $SPONGE to MDL calculator at the top of this page to convert any amount of $SPONGE to MDL. We've also included quick-reference tables for the most popular conversions. For example, 5 MDL is equivalent to 857.98 $SPONGE, while 5 $SPONGE will cost around 0.02914MDL.
What is the highest price of $SPONGE/MDL in history?
The all-time high price of 1 $SPONGE in MDL is L0.04126. It remains to be seen if the value of 1 $SPONGE/MDL will exceed the current all-time high.
What is the price trend of Sponge in MDL?
Over the past 7 days, the exchange rate of Sponge ($SPONGE) has gone up by 3.04%.   Over the last month, the exchange rate of Sponge ($SPONGE) has gone down by 0.83% against Moldovan Leu (MDL).

What factors influence the conversion rate of $SPONGE to MDL?

There are many factors that affect the relationship between Sponge and Moldovan Leu, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of $SPONGE/MDL. When there is positive news in the market about the widespread adoption of $SPONGE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of $SPONGE/MDL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in $SPONGE/MDL.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of $SPONGE/MDL. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Sponge and adjust their investment strategies accordingly in the evolving market.

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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.