Convert Moldovan Leu to Chinese Yuan (Offshore)
Please provide values below to convert Moldovan Leu [MDL] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Moldovan Leu.
How to Convert Moldovan Leu to Chinese Yuan (Offshore)
1 MDL = 2.36330685312275 CNH
Example: convert 15 MDL to CNH:
15 MDL = 15 × 2.36330685312275 CNH = 35.4496027968412 CNH
Moldovan Leu to Chinese Yuan (Offshore) Conversion Table
| Moldovan Leu | Chinese Yuan (Offshore) |
|---|
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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.