Convert United States Dollar to Moldovan Leu
Please provide values below to convert United States Dollar [USD] to Moldovan Leu [MDL], or Convert Moldovan Leu to United States Dollar.
How to Convert United States Dollar to Moldovan Leu
1 USD = 0.0590022715874561 MDL
Example: convert 15 USD to MDL:
15 USD = 15 × 0.0590022715874561 MDL = 0.885034073811842 MDL
United States Dollar to Moldovan Leu Conversion Table
| United States Dollar | Moldovan Leu |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.