Convert Chinese Yuan (Offshore) to Moldovan Leu
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Moldovan Leu [MDL], or Convert Moldovan Leu to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Moldovan Leu
1 CNH = 0.423135911732602 MDL
Example: convert 15 CNH to MDL:
15 CNH = 15 × 0.423135911732602 MDL = 6.34703867598903 MDL
Chinese Yuan (Offshore) to Moldovan Leu Conversion Table
| Chinese Yuan (Offshore) | Moldovan Leu |
|---|
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.
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.