Historic Albanian lek Taiwan dollar

Albanian lek taiwan dollar history for February 2024. The highest quote for this month is 0.3387 (28/02/2024) and the lowest 0.3381 (27/02/2024). The difference between high and low is 0.18.

ALL TWD average rate for February 2024 is 0.32962, the change between 01/02/2024 and 29/02/2024 is -3.49 %.

01 February 20241 ALL = 0.3272 TWD
02 February 20241 ALL = 0.3277 TWD
05 February 20241 ALL = 0.3323 TWD
06 February 20241 ALL = 0.3314 TWD
07 February 20241 ALL = 0.3230 TWD
08 February 20241 ALL = 0.3253 TWD
09 February 20241 ALL = 0.3251 TWD
12 February 20241 ALL = 0.3330 TWD
13 February 20241 ALL = 0.3266 TWD
14 February 20241 ALL = 0.3261 TWD
15 February 20241 ALL = 0.3248 TWD
16 February 20241 ALL = 0.3257 TWD
19 February 20241 ALL = 0.3331 TWD
20 February 20241 ALL = 0.3343 TWD
21 February 20241 ALL = 0.3286 TWD
22 February 20241 ALL = 0.3294 TWD
23 February 20241 ALL = 0.3295 TWD
26 February 20241 ALL = 0.3382 TWD
27 February 20241 ALL = 0.3311 TWD
28 February 20241 ALL = 0.3310 TWD
29 February 20241 ALL = 0.3386 TWD

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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

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.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

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.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.

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.