Convert Bulgarian Lev to Moldovan Leu
Please provide values below to convert Bulgarian Lev [BGN] to Moldovan Leu [MDL], or Convert Moldovan Leu to Bulgarian Lev.
How to Convert Bulgarian Lev to Moldovan Leu
1 BGN = 0.0983921880992418 MDL
Example: convert 15 BGN to MDL:
15 BGN = 15 × 0.0983921880992418 MDL = 1.47588282148863 MDL
Bulgarian Lev to Moldovan Leu Conversion Table
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.