The official exchange rate of the MDL to the dollar again exceeded the mark of 18 lei for $1, for the first time since August 2017

The official exchange rate of the MDL to the dollar again exceeded the mark of 18 lei for $1, for the first time since August 2017

As follows from the data of the National Bank of Moldova, the official rate for May 24 is 18.0329 lei per US dollar. Last time, the MDL rate above 18 lei to the dollar was set on August 3, 2017, when it was 18.0150 lei per dollar. On August 4, 2017, the exchange rate was 17.9948 lei per dollar, and since then it has not risen above 18 lei per dollar, up to May 24, 2019. It should be noted that the MDL in 2017 strengthened against the dollar by 14.4%. According to the NBM, the exchange rate of the MDL to the dollar as of January 1, 2017 was 19.9814 lei for $1, and as of December 31, 2017 -17.1002 lei for $1. In 2018, the MDL slightly devalued against the dollar - by 0.2%. The official exchange rate of the MDL to the dollar as of January 1, 2018 was 17.1002 lei for $1, and as of December 31, 2018 -17.1427 lei for $1. As InfoMarket agency reported earlier, the Ministry of Economy and Infrastructure expects the average annual rate of the MDL to dollar to be 17.2 lei for $1 in 2019, and by the end of 2019 the exchange rate will be equal to 17.56 lei per $1. It is predicted that the average annual rate of the MDL to the dollar in 2020 will be 17.97 lei per $1, and in 2021 - 18.51 lei per $1. It is expected that at the end of 2020 the exchange rate will be 18.32 lei per $1, and at the end of 2021 - 18.54 lei per $1. // 24.05.2019 - InfoMarket.

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