Convert Philippine Peso to Moldovan Leu
Please provide values below to convert Philippine Peso [PHP] to Moldovan Leu [MDL], or Convert Moldovan Leu to Philippine Peso.
How to Convert Philippine Peso to Moldovan Leu
1 PHP = 3.3597250494144 MDL
Example: convert 15 PHP to MDL:
15 PHP = 15 × 3.3597250494144 MDL = 50.395875741216 MDL
Philippine Peso to Moldovan Leu Conversion Table
| Philippine Peso | Moldovan Leu |
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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.
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.