Albanian currency

The value of the Albanian currency lek against foreign currencies is freely determined in the foreign exchange market.

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods. These are the average exchange rates of these two currencies for the last 30 and 90 days. These percentages show how much the exchange rate has fluctuated over the last 30 and day periods. The currency symbol is L. Send money online fast, secure and easy.

Albanian currency

Pursuant to this mission, the Bank of Albania ensures on an ongoing basis the quality of banknotes in circulation. Guaranteeing the quality of banknotes is aimed firstly at preserving their integrity, in relation with the public that uses them, and upholding a dignified image of the Bank of Albania and the Albanian State. In this framework, the Bank of Albania launched in the new improved series of the Albanian banknotes, legal tender. This series was introduced gradually to the public over several years, - Timeline for putting in circulation. Why we need new series of banknotes? The improvement of the banknote series to enhance security features and improve design elements is a common practice among central banks, which is generally implemented every years. While banknote counterfeiting has been low during these years, the Bank of Albania always strives to keep ahead of counterfeiting and be at the cutting edge of banknote security features, making them easier to be authenticate and harder to counterfeit. Over the past 20 years, technology has been constantly improving, regarding both security features to be checked by the public without the need of special devices, and those recognised by handling and counting devices. What will happen with the old banknotes? The existing banknotes, all denominations, will continue to circulate alongside with the newly introduced banknotes.

Tools Tools. The three smallest denominations remained similar in design to the series but depicted "" on the obverse, albanian currency.

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods. These are the average exchange rates of these two currencies for the last 30 and 90 days. These percentages show how much the exchange rate has fluctuated over the last 30 and day periods.

The value of the Albanian currency lek against foreign currencies is freely determined in the foreign exchange market. Exchange rate fluctuations reflect the free movement of goods and capital and the financial transactions of Albania with its trading partners. Without prejudice to the free exchange rate regime, the Bank of Albania may carry out operations in the foreign exchange market in order to adjust the exchange rate to the level determined by key macroeconomic factors, avoid disruptions and increase or decrease the foreign currency reserve. 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 This is a single forex rate reference, which may be used by those interested for trading, evaluation, comparison and statistical purposes. Last update: Home Markets Official exchange rate.

Albanian currency

There is a good chance that this post contains affiliate links. If you make a purchase through them, I may receive a small commission at no extra cost to you! As an Amazon Associate, I earn from qualifying purchases. As ever, all opinions are my own. Currency in Albania is pretty straightforward to get your head around.

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Under the direction of Benito Mussolini , Italy invaded and occupied Albania and issued a new series of coins in in denominations of Lek 0. Bronze , Copper -plated Steel Bosnia and Herzegovina. These were followed in with notes for 2 Lek, 5 Lek, 10 Lek, and Fr. This series was introduced gradually to the public over several years, - These currency charts use live mid-market rates, are easy to use, and are very reliable. McFarland, Incorporated, Publishers, Compare Accounts. Public holidays Smoking Copyright law. Archived from the original on 3 June

Review historical currency rates. With this convenient tool you can review market history and analyse rate trends for any currency pair. All charts are interactive, use mid-market rates, and are available for up to a year time period.

Last update: It had an annual GDP growth rate of 8. Check live rates, send money securely, set rate alerts, receive notifications and more. The currency code for Euros is EUR. Croatian dinar. Prior to this, Albania adhered to a strict gold standard or relied on foreign money in exchange. Need to know when a currency hits a specific rate? Create a chart for any currency pair in the world to see their currency history. Use profiles to select personalised advertising. Timeline for putting in circulation. Art galleries Architecture Photography Museums Theatres. The world's most popular currency tools. Albania articles. Investopedia does not include all offers available in the marketplace. For table standards, see the coin specification table.