Convert Argentine Peso to Moldovan Leu
Please provide values below to convert Argentine Peso [ARS] to Moldovan Leu [MDL], or Convert Moldovan Leu to Argentine Peso.
How to Convert Argentine Peso to Moldovan Leu
1 ARS = 74.7069062158893 MDL
Example: convert 15 ARS to MDL:
15 ARS = 15 × 74.7069062158893 MDL = 1120.60359323834 MDL
Argentine Peso to Moldovan Leu Conversion Table
| Argentine Peso | Moldovan Leu |
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Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.
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.