Convert Thai Baht to Moldovan Leu
Please provide values below to convert Thai Baht [THB] to Moldovan Leu [MDL], or Convert Moldovan Leu to Thai Baht.
How to Convert Thai Baht to Moldovan Leu
1 THB = 1.90061657373809 MDL
Example: convert 15 THB to MDL:
15 THB = 15 × 1.90061657373809 MDL = 28.5092486060713 MDL
Thai Baht to Moldovan Leu Conversion Table
Thai Baht | Moldovan Leu |
---|
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.