Convert New Zealand Dollar to Moldovan Leu
Please provide values below to convert New Zealand Dollar [NZD] to Moldovan Leu [MDL], or Convert Moldovan Leu to New Zealand Dollar.
How to Convert New Zealand Dollar to Moldovan Leu
1 NZD = 0.0984747912794643 MDL
Example: convert 15 NZD to MDL:
15 NZD = 15 × 0.0984747912794643 MDL = 1.47712186919196 MDL
New Zealand Dollar to Moldovan Leu Conversion Table
| New Zealand Dollar | Moldovan Leu |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.