Convert Moldovan Leu to Saudi Riyal
Please provide values below to convert Moldovan Leu [MDL] to Saudi Riyal [SAR], or Convert Saudi Riyal to Moldovan Leu.
How to Convert Moldovan Leu to Saudi Riyal
1 MDL = 4.5196 SAR
Example: convert 15 MDL to SAR:
15 MDL = 15 × 4.5196 SAR = 67.794 SAR
Moldovan Leu to Saudi Riyal Conversion Table
Moldovan Leu | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.