Convert Moldovan Leu to Mongolian Tugrik
Please provide values below to convert Moldovan Leu [MDL] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Moldovan Leu.
How to Convert Moldovan Leu to Mongolian Tugrik
1 MDL = 0.00477459010389751 MNT
Example: convert 15 MDL to MNT:
15 MDL = 15 × 0.00477459010389751 MNT = 0.0716188515584627 MNT
Moldovan Leu to Mongolian Tugrik Conversion Table
| Moldovan Leu | Mongolian Tugrik |
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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.
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.