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Jun 30, 2022 · The local currency in Albania is the Albanian Lek (ALL). This can come as a surprise to unprepared travellers who expect that since Albania is a European country it would use the Euro. Worry not, though. You’ll soon learn to love the Albanian Lek because it offers great value to tourists! Compared to prices in the UK, US and Western Europe ...
The Albanian Lek is the currency of Albania. Our currency rankings show that the most popular Albanian Lek exchange rate is the ALL to USD rate. The currency code for Leke is ALL, and the currency symbol is L. Below, you'll find Albanian Lek rates and a currency converter.
- 1/100 = Qindarkë
- Albanian Lek
- Qindarkë
- Lek
Albania’s national currency is the LEK, but euros are widely accepted in touristic places. The taxi from the airport and your hotel will most likely quote their price in euros. Most hotels will allow you to settle the bill in euros or LEK, as you prefer. In Albania, paying in cash is more popular than paying by card.
Due to the gold standard, up until 1939, the lek did not experience significant inflation and the currency in circulation remained relatively constant. Following the Italian invasion of Albania, the entire gold reserves of Albania, totaling 300,000 gold francs, were confiscated and sent to the Reichsbank in Berlin. This action, coupled with the ...
- ALL (numeric: .mw-parser-output .monospaced{font-family:monospace,monospace}008), before 1990: ALK
- L
- lekë
- Bank of Albania
How to convert Albanian leks to US dollars. 1 Input your amount. Simply type in the box how much you want to convert. 2 Choose your currencies. Click on the dropdown to select ALL in the first dropdown as the currency that you want to convert and USD in the second drop down as the currency you want to convert to.
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2 days ago · The Bank of Albania calculates the official exchange rate and the average rate of bid price and ask price for the euro and US dollar, based on standardised quotations of participants in the interbank market, in the interval of 11.30-12.00. This is a (single) forex rate reference, which may be used by those interested for trading, evaluation ...
Understanding Old vs New Lek. Some businesses in Albania still refer to currency prices in the “old” Lek, which has a different value than the current “new” Lek. This terminology dates back to the 1960s when the Lek was revalued and exchanged at 10 old Lek = 1 new Lek. While all transactions are conducted in new Lek, some vendors ...
