MDL 50 = LVL 1.6105
Convert1 MDL = 0.03221 LVL | 1 LVL = 31.04626 MDL
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
MDL to LVL Exchange Rate Chart
1 MDL = 0.03221 LVL
The exchange value of 50 MDL in Latvian Lats is 1.611 LVL as on Feb 14.
You can check the exchange rate of 50 Moldovan Leu to Latvian Lats by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 50 MDL to LVL online is as follows:.
There are several online ways to convert MDL to LVL.
Most banks in India allow MDL to LVL conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow MDL to LVL conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including MDL.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange MDL to LVL. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your MDL cash and exchange it for LVL.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline MDL to LVL conversion.
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Airports have forex counters where travelers can exchange MDL to LVL.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange MDL to LVL at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange MDL for LVL
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Moldovan Leu (MDL) to Latvian Lats (LVL) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
MDL is a strong and widely traded currency. If the exchange rate is favorable, converting MDL to LVL can give you more value for your money.
Since 1 MDL equals a significantly higher amount in LVL, converting MDL to LVL increases your purchasing power, allowing you to afford more goods and services in Latvia.
If you‘re an NRI, tourist, or returning from the Moldova, converting MDL to LVL ensures you have local currency for daily expenses, shopping, and travel within Latvia.
Converting MDL to LVL can help you invest in Latvia assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Moldova markets.
Using a direct MDL to LVL conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting MDL to LVL at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of MDL to LVL exchange.
Source of the rates:apilayer.com