Convert Albanian Lek to Euro
Please provide values below to convert Albanian Lek [ALL] to Euro [EUR], or Convert Euro to Albanian Lek.
How to Convert Albanian Lek to Euro
1 ALL = 97.8026269496892 EUR
Example: convert 15 ALL to EUR:
15 ALL = 15 × 97.8026269496892 EUR = 1467.03940424534 EUR
Albanian Lek to Euro Conversion Table
| Albanian Lek | Euro |
|---|
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.