Historic Samoan Tala Albanian lek

Samoan Tala albanian lek history for September 2023. The highest quote for this month is 36.582 (05/09/2023) and the lowest 36.515 (05/09/2023). The difference between high and low is 0.18.

WST ALL average rate for September 2023 is 35.83289, the change between 01/09/2023 and 30/09/2023 is -2.79 %.

01 September 20231 WST = 35.32 ALL
05 September 20231 WST = 36.51 ALL
06 September 20231 WST = 35.58 ALL
11 September 20231 WST = 35.21 ALL
18 September 20231 WST = 36.51 ALL
25 September 20231 WST = 35.19 ALL
26 September 20231 WST = 35.88 ALL
27 September 20231 WST = 36.00 ALL
29 September 20231 WST = 36.31 ALL

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.