Moldovan Leu to Panamanian Balboa | Bank

The Moldovan Leu (MDL) is the official currency of Moldova. It was introduced in 1993 after Moldova gained independence from the Soviet Union, replacing the Soviet ruble. The currency helps facilitate domestic trade and financial transactions within the Moldovan economy.

The Panamanian Balboa (PAB) is the official currency of Panama. It has been pegged to the US dollar at a rate of 1:1 since its introduction in 1904. While Panama uses US dollar bills, they mint their own Balboa coins. The currency is named after the Spanish explorer Vasco Núñez de Balboa.