Convert Moldovan Leu to Canadian Dollar
Please provide values below to convert Moldovan Leu [MDL] to Canadian Dollar [CAD], or Convert Canadian Dollar to Moldovan Leu.
How to Convert Moldovan Leu to Canadian Dollar
1 MDL = 12.4392660550459 CAD
Example: convert 15 MDL to CAD:
15 MDL = 15 × 12.4392660550459 CAD = 186.588990825688 CAD
Moldovan Leu to Canadian Dollar Conversion Table
| Moldovan Leu | Canadian Dollar |
|---|
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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.