Convert Namibian Dollar to Moldovan Leu
Please provide values below to convert Namibian Dollar [NAD] to Moldovan Leu [MDL], or Convert Moldovan Leu to Namibian Dollar.
How to Convert Namibian Dollar to Moldovan Leu
1 NAD = 1.03647520429537 MDL
Example: convert 15 NAD to MDL:
15 NAD = 15 × 1.03647520429537 MDL = 15.5471280644305 MDL
Namibian Dollar to Moldovan Leu Conversion Table
| Namibian Dollar | Moldovan Leu |
|---|
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.