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

Moldova
Luxembourg
MDL

Interbank Exchange Rate: 1 MDL = 0.0502 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 Luxembourg. 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.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Moldova.

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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 MDL0.50 EUR
25 MDL1.26 EUR
50 MDL2.51 EUR
100 MDL5.02 EUR
150 MDL7.53 EUR
200 MDL10.04 EUR
250 MDL12.55 EUR
300 MDL15.06 EUR
400 MDL20.08 EUR
500 MDL25.10 EUR
600 MDL30.12 EUR
700 MDL35.14 EUR
800 MDL40.16 EUR
1,000 MDL50.20 EUR
1,500 MDL75.30 EUR
2,000 MDL100.40 EUR
2,500 MDL125.50 EUR
3,000 MDL150.60 EUR
4,000 MDL200.80 EUR
5,000 MDL251.00 EUR
10,000 MDL502.00 EUR
15,000 MDL753.00 EUR
20,000 MDL1,004.00 EUR
30,000 MDL1,506.00 EUR
40,000 MDL2,008.00 EUR
50,000 MDL2,510.00 EUR
100,000 MDL5,020.00 EUR

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


What's the best way to do Moldova to Luxembourg money transfers?

There are many good choices when it comes to sending money from Moldova to Luxembourg. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Moldovan Leu to EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Luxembourg from Moldova. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Moldovan Leu to Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Moldova to Luxembourg?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Moldova to Luxembourg transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MDL to Euro international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Moldovan Leu to Euro exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

Finding the cheapest way to send money from Moldova to Luxembourg might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MDL to EUR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Moldova to Luxembourg exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Moldova to Luxembourg?

We do not recommend using your local bank in Moldova for your next MDL to EUR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Moldova to Luxembourg (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending EUR to Luxembourg. These companies will let you use your local bank account in Moldova to pay for your Luxembourg money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Luxembourg from Moldova?

If you need to convert MDL to EUR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Moldova to Luxembourg could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Moldovan Leu to Euro funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Luxembourg.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Moldova to Luxembourg. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Moldova to Luxembourg, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Moldovan Leu to Euro exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your EUR money transfers to Luxembourg. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Luxembourg getting more money for every Moldovan Leu you send.


Step by step guide to transfer money to Luxembourg from Moldova

Follow the below easy steps to send money to Luxembourg from Moldova.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Moldova bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Luxembourg).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your MDL to EUR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.