1 MDL to ISK - Convert Moldovan Leu to Icelandic Króna

Looking at the 30-day window, the MDL/ISK pair traded in a range of 6.8649 to 7.2569. The monthly average was 7.0763 with 1.69% volatility. The relatively low volatility indicates stable trading conditions for the MDL/ISK currency pair.

The current mid-market exchange rate is 1 MDL = 7.1434 ISK, updated as of July 3, 2026, 10:32 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Moldovan Leu to Icelandic Króna Exchange Rate

The MDL/ISK exchange rate tells you how many Icelandic Króna (ISK) you receive for every Moldovan Leu (MDL). At the current mid-market rate of 1 MDL = 7.1434 ISK, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the MDL to ISK Rate

Exchange rates between Moldovan Leu and Icelandic Króna are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the MDL/ISK rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best MDL to ISK Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Using the MDL/ISK Calculator

The free calculator at the top of this page converts any amount between Moldovan Leu and Icelandic Króna instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse ISK/MDL rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Moldovan Leu Overview

The Moldovan Leu (MDL) is the official currency of Moldova, an EU candidate since 2022. Wine exports and diaspora remittances (over 15% of GDP) are key economic drivers. Understanding the fundamentals behind MDL helps contextualize its exchange rate movements against ISK and other currencies.

Reverse Rate: ISK to MDL

The reverse exchange rate is 1 ISK = 0.139990 MDL. This is useful if you are starting with Icelandic Króna and want to know how much Moldovan Leu you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated ISK to MDL converter for the reverse direction.