Convert Moldovan Leu to Australian Dollar
Please provide values below to convert Moldovan Leu [MDL] to Australian Dollar [AUD], or Convert Australian Dollar to Moldovan Leu.
How to Convert Moldovan Leu to Australian Dollar
1 MDL = 11.0832461417735 AUD
Example: convert 15 MDL to AUD:
15 MDL = 15 × 11.0832461417735 AUD = 166.248692126602 AUD
Moldovan Leu to Australian Dollar Conversion Table
Moldovan Leu | Australian Dollar |
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.