Convert Moldovan Leu to Nigerian Naira
Please provide values below to convert Moldovan Leu [MDL] to Nigerian Naira [NGN], or Convert Nigerian Naira to Moldovan Leu.
How to Convert Moldovan Leu to Nigerian Naira
1 MDL = 0.0110723642060128 NGN
Example: convert 15 MDL to NGN:
15 MDL = 15 × 0.0110723642060128 NGN = 0.166085463090192 NGN
Moldovan Leu to Nigerian Naira Conversion Table
| Moldovan Leu | Nigerian Naira |
|---|
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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.