Convert Euro to Moldovan Leu
Please provide values below to convert Euro [EUR] to Moldovan Leu [MDL], or Convert Moldovan Leu to Euro.
How to Convert Euro to Moldovan Leu
1 EUR = 0.0503112369826238 MDL
Example: convert 15 EUR to MDL:
15 EUR = 15 × 0.0503112369826238 MDL = 0.754668554739357 MDL
Euro to Moldovan Leu Conversion Table
| Euro | Moldovan Leu |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.