Convert Romanian Leu to Moldovan Leu
Please provide values below to convert Romanian Leu [RON] to Moldovan Leu [MDL], or Convert Moldovan Leu to Romanian Leu.
How to Convert Romanian Leu to Moldovan Leu
1 RON = 0.2556922441514 MDL
Example: convert 15 RON to MDL:
15 RON = 15 × 0.2556922441514 MDL = 3.835383662271 MDL
Romanian Leu to Moldovan Leu Conversion Table
| Romanian Leu | Moldovan Leu |
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Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.
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.