Historic Albanian lek United States dollar

Albanian lek united states dollar history since 28/03/2024 until today (0 years). Search for ALL to USD exchange rate history for a particular date, month or year.

The Albanian lek is the currency of Albania (supplied by Bank of Albania and the currency supplied by Federal Reserve Bank. The ALL USD historical data can be seen on the Albanian lek united states dollar historical chart.

29 February 20241 ALL = 0.0107 USD
01 March 20241 ALL = 0.0104 USD
04 March 20241 ALL = 0.0107 USD
05 March 20241 ALL = 0.0107 USD
06 March 20241 ALL = 0.0107 USD
07 March 20241 ALL = 0.0105 USD
08 March 20241 ALL = 0.0108 USD
11 March 20241 ALL = 0.0106 USD

31/12/2011: Replacement of 1 Lek coin

The 1 lek coin was demonetized and replaced by a banknote. The decision was made due to the high cost of producing the coin.

08/02/2000: Introduction of new banknotes and coins

A new series of banknotes and coins were introduced, featuring enhanced security features and updated designs.

02/03/1997: Collapse of pyramid schemes

The collapse of pyramid schemes in Albania caused a severe economic crisis, resulting in hyperinflation and a significant devaluation of the lek.

26/06/1992: Transition to a market economy

Albania transitioned to a market economy, leading to a significant depreciation of the lek. The exchange rate changed to 1 lek = 9.3 old lek.

01/10/1965: Introduction of the new lek

A new series of banknotes and coins were introduced, marking the transition to the new lek. The exchange rate was set at 1 new lek = 10 old lek.

22/12/1947: Albania becomes a communist state

Following the establishment of a communist regime in Albania, the currency underwent a major devaluation, with the exchange rate changing to 1 lek = 12.5 old lek.

01/09/1926: Introduction of the Albanian lek

The lek was introduced as the official currency of Albania, replacing the previous currency, the Turkish lira. The exchange rate was set at 1 lek = 35 Turkish lira.