Historic New Zealand Dollar Albanian lek

New Zealand Dollar albanian lek history for February 2024. The highest quote for this month is 59.002 (23/02/2024) and the lowest 58.108 (20/02/2024). The difference between high and low is 1.52.

NZD ALL average rate for February 2024 is 58.35086, the change between 01/02/2024 and 29/02/2024 is +2.36 %.

01 February 20241 NZD = 58.37 ALL
02 February 20241 NZD = 58.57 ALL
05 February 20241 NZD = 57.18 ALL
06 February 20241 NZD = 57.24 ALL
07 February 20241 NZD = 58.92 ALL
08 February 20241 NZD = 58.92 ALL
09 February 20241 NZD = 58.82 ALL
12 February 20241 NZD = 57.91 ALL
13 February 20241 NZD = 58.71 ALL
14 February 20241 NZD = 58.46 ALL
15 February 20241 NZD = 58.77 ALL
16 February 20241 NZD = 58.67 ALL
19 February 20241 NZD = 57.72 ALL
20 February 20241 NZD = 57.70 ALL
21 February 20241 NZD = 58.91 ALL
22 February 20241 NZD = 58.96 ALL
23 February 20241 NZD = 59.13 ALL
26 February 20241 NZD = 57.81 ALL
27 February 20241 NZD = 58.77 ALL
28 February 20241 NZD = 58.87 ALL
29 February 20241 NZD = 56.99 ALL

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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.