Convert Moroccan Dirham to Moldovan Leu
Please provide values below to convert Moroccan Dirham [MAD] to Moldovan Leu [MDL], or Convert Moldovan Leu to Moroccan Dirham.
How to Convert Moroccan Dirham to Moldovan Leu
1 MAD = 0.531510163141281 MDL
Example: convert 15 MAD to MDL:
15 MAD = 15 × 0.531510163141281 MDL = 7.97265244711921 MDL
Moroccan Dirham to Moldovan Leu Conversion Table
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.