Latest Articles

Dollar gains, stocks teeter as US data suggests rates to stay higher

The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...
HomeCurrencieswhat is ALL currency?what is ALL currency symbol and code?

what is ALL currency?what is ALL currency symbol and code?

The ALL (sign: Lekë in Albanian or Lek in English, sometimes L; code: ALL) is the official currency of Albania. It was formerly divided into 100 qintars , but qintar coins are no longer issued.

The ALL was introduced as the first Albanian currency in February 1926.

Before then, Albania was a country without a currency, adhering to a gold standard for the fixation of commercial values. Before the First World War the Ottoman Turkish piastre was in full circulation, but following the military occupation of the country by various continental powers the gold franc (Franc Germinal) was adopted as the monetary unit. In 1923 Italian paper circulated at Shkodër, Durrës, Vlorë, and Gjirokastër, and the Greek drachma at Korçë, the values of which varied according to locality and the prevailing rates of exchange as compared with gold.

In 1996, the first editions were: 100 lek, 200 lek, 500 lek, 1000 lek , 2000 lek, 5000 lek.

In 2019, the first editions were: 200 lek, 500 lek, 1000 lek, 2000 lek, 5000 lek ,10000 lek.

Albanian lek coins denominations are: 1 lek, 2 lek, 5 lek , 10 lek, 20 lek, 50 lek, 100 lek.