Convert Czech Republic Koruna to Moldovan Leu
Please provide values below to convert Czech Republic Koruna [CZK] to Moldovan Leu [MDL], or Convert Moldovan Leu to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Moldovan Leu
1 CZK = 1.23887069652182 MDL
Example: convert 15 CZK to MDL:
15 CZK = 15 × 1.23887069652182 MDL = 18.5830604478272 MDL
Czech Republic Koruna to Moldovan Leu Conversion Table
| Czech Republic Koruna | Moldovan Leu |
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Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.