Convert Moldovan Leu to Tanzanian Shilling
Please provide values below to convert Moldovan Leu [MDL] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Moldovan Leu.
How to Convert Moldovan Leu to Tanzanian Shilling
1 MDL = 0.00659443609118512 TZS
Example: convert 15 MDL to TZS:
15 MDL = 15 × 0.00659443609118512 TZS = 0.0989165413677767 TZS
Moldovan Leu to Tanzanian Shilling Conversion Table
| Moldovan Leu | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.