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Compare today's MDL to EUR (Moldovan Leu to Euro) exchange rates

Moldova
Cyprus
MDL
Interbank Exchange Rate: 1 MDL = 0.0507 EUR
Updated about an hour ago

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All you need to know about Moldovan Leu to Euro money transfers

Easily compare money transfer providers in one place to send money from Moldova to Cyprus. Send money overseas to your loved ones by comparing Moldovan Leu (MDL) to Euro (EUR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

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Latest MDL to EUR Conversion Rates

Here are some latest MDL to EUR (Moldovan Leu to Euro) exchange rates for popular conversion amounts*.

1 MDL0.05 EUR
5 MDL0.25 EUR
10 MDL0.51 EUR
25 MDL1.27 EUR
50 MDL2.54 EUR
100 MDL5.07 EUR
150 MDL7.61 EUR
200 MDL10.14 EUR
250 MDL12.68 EUR
300 MDL15.21 EUR
400 MDL20.28 EUR
500 MDL25.35 EUR
600 MDL30.42 EUR
700 MDL35.49 EUR
800 MDL40.56 EUR
1,000 MDL50.70 EUR
1,500 MDL76.05 EUR
2,000 MDL101.40 EUR
2,500 MDL126.75 EUR
3,000 MDL152.10 EUR
4,000 MDL202.80 EUR
5,000 MDL253.50 EUR
10,000 MDL507.00 EUR
15,000 MDL760.50 EUR
20,000 MDL1,014.00 EUR
30,000 MDL1,521.00 EUR
40,000 MDL2,028.00 EUR
50,000 MDL2,535.00 EUR
100,000 MDL5,070.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Moldova to Cyprus?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Moldova to Cyprus. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Moldovan Leu to EUR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MDL to EUR in Cyprus. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Cyprus from Moldova. We provide you with maximum choices to send money to Cyprus by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Moldova to Cyprus?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MDL to Euro money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Moldova to Cyprus. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MDL to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to Cyprus from Moldova?

One of the most important things to watch out for is hidden fees when sending money to Cyprus from Moldova. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Cyprus using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Euro foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MDL to Cyprus exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Cyprus from Moldova.


Should I use my bank to send money from Moldova to Cyprus?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MDL to EUR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Moldova to Cyprus money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Cyprus from Moldova. They do this by letting you fund your transaction through your local bank account in Moldova, and by allowing you to choose the payout to be your recipient's bank account in Cyprus. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Cyprus from Moldova fast?

It could be a stressful experience if you need to rush money quickly from Moldova to Cyprus. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MDL to EUR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Euro. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Moldova to Cyprus money transfers.


Which are the best money transfer companies to send money from Moldova to Cyprus?

Moldova to Cyprus money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Cyprus as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Moldovan Leu to Euro money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Moldova to Cyprus

With so many possible ways to transfer Moldovan Leu to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Moldova to Cyprus remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Moldova and the receiver in Cyprus. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MDL to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.