Convert Tanzanian Shilling to Moldovan Leu
Please provide values below to convert Tanzanian Shilling [TZS] to Moldovan Leu [MDL], or Convert Moldovan Leu to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Moldovan Leu
1 TZS = 151.642989055079 MDL
Example: convert 15 TZS to MDL:
15 TZS = 15 × 151.642989055079 MDL = 2274.64483582618 MDL
Tanzanian Shilling to Moldovan Leu Conversion Table
| Tanzanian Shilling | Moldovan Leu |
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Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.
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.