Convert New Taiwan Dollar to Moldovan Leu
Please provide values below to convert New Taiwan Dollar [TWD] to Moldovan Leu [MDL], or Convert Moldovan Leu to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Moldovan Leu
1 TWD = 1.73260170516565 MDL
Example: convert 15 TWD to MDL:
15 TWD = 15 × 1.73260170516565 MDL = 25.9890255774847 MDL
New Taiwan Dollar to Moldovan Leu Conversion Table
| New Taiwan Dollar | Moldovan Leu |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.