Convert Moldovan Leu to Mozambican Metical
Please provide values below to convert Moldovan Leu [MDL] to Mozambican Metical [MZN], or Convert Mozambican Metical to Moldovan Leu.
How to Convert Moldovan Leu to Mozambican Metical
1 MDL = 0.26639244415873 MZN
Example: convert 15 MDL to MZN:
15 MDL = 15 × 0.26639244415873 MZN = 3.99588666238096 MZN
Moldovan Leu to Mozambican Metical Conversion Table
| Moldovan Leu | Mozambican Metical |
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.