In 2018, the total volume of money transferred to individuals, residents of the Republic of Moldova, amounted to US$ 1.266 billion. Almost 84% of the money came via money transfer systems in different currencies, mainly without opening bank accounts, IPN reports.

According to the National Bank of Moldova, the transfers made in US dollars in 2018 increased by 5.6% compared with 2017, including by 2.5% as a result of the appreciation of the euro against the US dollar. The real increase in transfers was 3.1%.

In 2018, the currency structure of money transfers (recalculated in US dollars) was as follows: USD - 549.17 million, EUR - 626.60 million, RUB - 78.23 million and other currencies - 12.84 million US dollars.

Since 2013, transfers to private individuals from the CIS have decreased, while those from the EU have increased. In 2018, transfers from the CIS declined by 14.5% on 2017, representing 28.3% of all transfers. Some 95.8% of the transfers from the CIS came from Russia. Transfers from the EU grew by 24.2% to 40.4%, while from other states, except for the CIS and the EU, constituted 31.3%.

Transfers from Italy represented 30.8% of all the transfers from the EU, from Germany – 16.2%, from the UK - 14%, from France – 9.2%.