Convert Moldovan Leu to Swiss Franc
Please provide values below to convert Moldovan Leu [MDL] to Swiss Franc [CHF], or Convert Swiss Franc to Moldovan Leu.
How to Convert Moldovan Leu to Swiss Franc
1 MDL = 21.3215498804881 CHF
Example: convert 15 MDL to CHF:
15 MDL = 15 × 21.3215498804881 CHF = 319.823248207322 CHF
Moldovan Leu to Swiss Franc Conversion Table
Moldovan Leu | Swiss Franc |
---|
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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.