Convert Moldovan Leu to Argentine Peso
Please provide values below to convert Moldovan Leu [MDL] to Argentine Peso [ARS], or Convert Argentine Peso to Moldovan Leu.
How to Convert Moldovan Leu to Argentine Peso
1 MDL = 0.0133856433180379 ARS
Example: convert 15 MDL to ARS:
15 MDL = 15 × 0.0133856433180379 ARS = 0.200784649770568 ARS
Moldovan Leu to Argentine Peso Conversion Table
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.