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Money
Currency: Leu (MDL) = 100 bani. Notes are in denominations of MDL500, 200, 100, 50, 20, 10, 5 and 1. Coins are in denominations of 50, 25, 10, 5 and 1 bani.
Currency exchange: Foreign currencies can be exchanged in hotels or bureaux de change. Moldova is essentially a cash-only economy. There are three ATMs in Chisinau where local currency can be withdrawn using Visa cards.
Credit & debit cards: Credit cards are only accepted by a few banks. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques: Travellers cheques are not generally accepted, though a few banks may exchange them.
Currency restrictions: The import of local and foreign currency is unlimited. The export of local currency is unlimited. The export of foreign currency is limited to amount imported.
Exchange rate indicators The following figures are included as a guide to the movements of the Moldovan Leu against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 19.66 | 20.68 | 22.08 | 22.61 | | $1.00= | 13.49 | 13.60 | 13.96 | 14.20 |
Banking hours: Mon-Fri 0930-1730.
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