Convert Swiss Franc to Moldovan Leu
Please provide values below to convert Swiss Franc [CHF] to Moldovan Leu [MDL], or Convert Moldovan Leu to Swiss Franc.
How to Convert Swiss Franc to Moldovan Leu
1 CHF = 0.0469009056848689 MDL
Example: convert 15 CHF to MDL:
15 CHF = 15 × 0.0469009056848689 MDL = 0.703513585273033 MDL
Swiss Franc to Moldovan Leu Conversion Table
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.