Albanian currency

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods.

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.

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 currency symbol is L. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Check live rates, send money securely, set rate alerts, receive notifications and more. Scan me! Over 70 million downloads worldwide.

The word is thus comparable to centimealbanian currencyLatin centenariusetc. Macedonian denar. This coinage was again minted in and used until the currency reform of

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:

Want to know more about the currency in Albania? The local currency is called Albanian lek and it has the currency code ALL. I will also answer some of the most frequently asked questions about money and currency in Albania. Yes, and no. Euro is widely accepted in tourist areas because most tourists who travel to Albania bring the Euro as currency. It might be a good idea to carry some extra Euros when traveling around Albania though as a reserve. There are local exchange bureaus, but there is not really any reason for exchanging your money there because you will get a better rate by taking out cash from a local ATM. Since , the Albanian lek is the official currency of Albania.

Albanian currency

Albania has a different currency from the rest of Europe. Therefore, it is always good to prepare yourself before traveling. I travel to Albania regularly, and I always bring currency with me, so that I am prepared for my holidays in Albania. What is the best currency to take to Albania? The best currency to take to Albania is the euro. The Albanian currency is called LEK. However, you can only exchange LEK inside Albania. If you take euros in cash to Albania, you can exchange it at a currency exchange agency. Moreover, airport taxis and many hotels accept euros.

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Xe Currency Charts. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. The lek is not pegged to any currency and no other currency is pegged to it in the foreign exchange market. Investopedia requires writers to use primary sources to support their work. This is for informational purposes only. Agriculture Healthcare Companies. Accession negotiations began in July Bank of Greece. Asdreni — Origins Timeline Archives. Volatility These percentages show how much the exchange rate has fluctuated over the last 30 and day periods. The banknotes were in circulation for only one year and were soon replaced by banknotes of the model. These percentages show how much the exchange rate has fluctuated over the last 30 and day periods.

This does not affect the opinions and recommendations of our editors. The currency in Albania is the lek. As the official legal tender in Albania, the lek is officially recognized by the Albanian government, meaning you can use it to settle all financial obligations in the country, including paying for goods, services, taxes, and debts.

Yugoslav dinar Kingdom of Yugoslavia. After the liberation of Albania from Nazi occupation in , the communist party took control of the country. Track currency View transfer quote. Serbian dinar Kingdom of Serbia. Read Edit View history. Partner Links. Use profiles to select personalised content. The lek's conversion to gold was guaranteed and the issue of gold francs was limited to three million units. Login to view send rates. The Bank of Albania in unveiled a new series of banknotes, featuring the same themes on both the front and back side of the notes, improved security features, and a change in material for the Lek banknote, now issued as a polymer banknote. After ceasing to be legal tender, the existing banknotes will still retain their value and may be exchanged at face value with new ones. In , a third redesign of aluminium 5, 10, 20, 50 qintars and 1 Lek coins was released. Download the Xe App Check live rates, send money securely, set rate alerts, receive notifications and more.