Historic Albanian lek United States dollar

Albanian lek united states dollar history for February 2024. The highest quote for this month is 0.010687 (22/02/2024) and the lowest 0.010725 (22/02/2024). The difference between high and low is -0.36.

ALL USD average rate for February 2024 is 0.0105, the change between 01/02/2024 and 29/02/2024 is -2.18 %.

01 February 20241 ALL = 0.0105 USD
02 February 20241 ALL = 0.0105 USD
05 February 20241 ALL = 0.0106 USD
06 February 20241 ALL = 0.0106 USD
07 February 20241 ALL = 0.0104 USD
08 February 20241 ALL = 0.0104 USD
09 February 20241 ALL = 0.0104 USD
12 February 20241 ALL = 0.0106 USD
13 February 20241 ALL = 0.0104 USD
14 February 20241 ALL = 0.0104 USD
15 February 20241 ALL = 0.0104 USD
16 February 20241 ALL = 0.0104 USD
19 February 20241 ALL = 0.0106 USD
20 February 20241 ALL = 0.0106 USD
21 February 20241 ALL = 0.0105 USD
22 February 20241 ALL = 0.0105 USD
23 February 20241 ALL = 0.0105 USD
26 February 20241 ALL = 0.0107 USD
27 February 20241 ALL = 0.0105 USD
28 February 20241 ALL = 0.0105 USD
29 February 20241 ALL = 0.0107 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.