Convert Canadian Dollar to Moldovan Leu
Please provide values below to convert Canadian Dollar [CAD] to Moldovan Leu [MDL], or Convert Moldovan Leu to Canadian Dollar.
How to Convert Canadian Dollar to Moldovan Leu
1 CAD = 0.080390595037909 MDL
Example: convert 15 CAD to MDL:
15 CAD = 15 × 0.080390595037909 MDL = 1.20585892556863 MDL
Canadian Dollar to Moldovan Leu Conversion Table
| Canadian Dollar | Moldovan Leu |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.