Convert Moldovan Leu to Cayman Islands Dollar
Please provide values below to convert Moldovan Leu [MDL] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Moldovan Leu.
How to Convert Moldovan Leu to Cayman Islands Dollar
1 MDL = 20.3390135605424 KYD
Example: convert 15 MDL to KYD:
15 MDL = 15 × 20.3390135605424 KYD = 305.085203408136 KYD
Moldovan Leu to Cayman Islands Dollar Conversion Table
| Moldovan Leu | Cayman Islands Dollar |
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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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.