Convert Moldovan Leu to Turkish Lira
Please provide values below to convert Moldovan Leu [MDL] to Turkish Lira [TRY], or Convert Turkish Lira to Moldovan Leu.
How to Convert Moldovan Leu to Turkish Lira
1 MDL = 0.419095119520681 TRY
Example: convert 15 MDL to TRY:
15 MDL = 15 × 0.419095119520681 TRY = 6.28642679281021 TRY
Moldovan Leu to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.