Convert Moldovan Leu to Kuwaiti Dinar
Please provide values below to convert Moldovan Leu [MDL] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Moldovan Leu.
How to Convert Moldovan Leu to Kuwaiti Dinar
1 MDL = 55.4960707269155 KWD
Example: convert 15 MDL to KWD:
15 MDL = 15 × 55.4960707269155 KWD = 832.441060903733 KWD
Moldovan Leu to Kuwaiti Dinar Conversion Table
| Moldovan Leu | Kuwaiti Dinar |
|---|
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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.