Convert Kuwaiti Dinar to Moldovan Leu
Please provide values below to convert Kuwaiti Dinar [KWD] to Moldovan Leu [MDL], or Convert Moldovan Leu to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Moldovan Leu
1 KWD = 0.0180192937428091 MDL
Example: convert 15 KWD to MDL:
15 KWD = 15 × 0.0180192937428091 MDL = 0.270289406142136 MDL
Kuwaiti Dinar to Moldovan Leu Conversion Table
| Kuwaiti Dinar | Moldovan Leu |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international 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.