Convert Moldovan Leu to Philippine Peso
Please provide values below to convert Moldovan Leu [MDL] to Philippine Peso [PHP], or Convert Philippine Peso to Moldovan Leu.
How to Convert Moldovan Leu to Philippine Peso
1 MDL = 0.297643403936968 PHP
Example: convert 15 MDL to PHP:
15 MDL = 15 × 0.297643403936968 PHP = 4.46465105905452 PHP
Moldovan Leu to Philippine Peso Conversion Table
| Moldovan Leu | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.