Albanian Lek

See also: Lek

The lek (plural lekë in Albanian, code ALL ) is the Monnaie used in Albania since 1926. The lek is subdivided in 100 qindarka .

History of the Albanian lek

During the Italian occupation (1939-1944) the monetary unit, the Franc Albanian ( franga ) was related to the Lire Italian. On arrival of the German troops (1944), those introduced a currency of war (Reichskreditkassenschein biljetten (XDEK)), currency related to the German Reichsmark.

Once the release and the installation of the Communist regime, lek (ALK) was reintroduced initially with the parity of the Yugoslav Dinar, then in 1948 (rupture with Tito) compared to the Soviet Rouble. In 1961, the heavy lek (ALL) replaced old the lek (parity of 10 per 1)

Albanian parts

  • Parts in Albanian franc of the Italian occupation
  • series 1947,1957: parts of 1/2, one, two and 5 zinc lek
  • the series 1964: parts of 5,10,50 and 50 qindarkas and 1 aluminum lek
  • the series 1969 (25th birthday of the release): parts of 5,10,20 and 50 qindarkas and 1 lek

Albanian tickets

In January 2003, the tickets having legal tender in Albania are those of 100,200,500,1  000, and 5  000 leke.

Internal and external bonds

  • the Central Bank of the Republic of Albania (Banka E Shqipërisë) in English

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