Convert Moldovan Leu to Somali Shilling
Please provide values below to convert Moldovan Leu [MDL] to Somali Shilling [SOS], or Convert Somali Shilling to Moldovan Leu.
How to Convert Moldovan Leu to Somali Shilling
1 MDL = 0.0296593025754603 SOS
Example: convert 15 MDL to SOS:
15 MDL = 15 × 0.0296593025754603 SOS = 0.444889538631904 SOS
Moldovan Leu to Somali Shilling Conversion Table
| Moldovan Leu | Somali Shilling |
|---|
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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.