Convert Mexican Peso to Moldovan Leu
Please provide values below to convert Mexican Peso [MXN] to Moldovan Leu [MDL], or Convert Moldovan Leu to Mexican Peso.
How to Convert Mexican Peso to Moldovan Leu
1 MXN = 1.10005015193085 MDL
Example: convert 15 MXN to MDL:
15 MXN = 15 × 1.10005015193085 MDL = 16.5007522789627 MDL
Mexican Peso to Moldovan Leu Conversion Table
| Mexican Peso | Moldovan Leu |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.