Convert Mongolian Tugrik to Moldovan Leu
Please provide values below to convert Mongolian Tugrik [MNT] to Moldovan Leu [MDL], or Convert Moldovan Leu to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Moldovan Leu
1 MNT = 209.442062719415 MDL
Example: convert 15 MNT to MDL:
15 MNT = 15 × 209.442062719415 MDL = 3141.63094079122 MDL
Mongolian Tugrik to Moldovan Leu Conversion Table
| Mongolian Tugrik | Moldovan Leu |
|---|
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.
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.