Convert Mozambican Metical to Moldovan Leu
Please provide values below to convert Mozambican Metical [MZN] to Moldovan Leu [MDL], or Convert Moldovan Leu to Mozambican Metical.
How to Convert Mozambican Metical to Moldovan Leu
1 MZN = 3.75386022361861 MDL
Example: convert 15 MZN to MDL:
15 MZN = 15 × 3.75386022361861 MDL = 56.3079033542791 MDL
Mozambican Metical to Moldovan Leu Conversion Table
| Mozambican Metical | Moldovan Leu |
|---|
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.
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.