Convert Macedonian Denar to Albanian Lek
Please provide values below to convert Macedonian Denar [MKD] to Albanian Lek [ALL], or Convert Albanian Lek to Macedonian Denar.
How to Convert Macedonian Denar to Albanian Lek
1 MKD = 0.633670798344771 ALL
Example: convert 15 MKD to ALL:
15 MKD = 15 × 0.633670798344771 ALL = 9.50506197517156 ALL
Macedonian Denar to Albanian Lek Conversion Table
| Macedonian Denar | Albanian Lek |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.