Historic Albanian lek United States dollar

Albanian lek united states dollar history for October 2023. The highest quote for this month is 0.010285 (24/10/2023) and the lowest 0.010348 (31/10/2023). The difference between high and low is -0.61.

ALL USD average rate for October 2023 is 0.01009, the change between 01/10/2023 and 31/10/2023 is -1.81 %.

03 October 20231 ALL = 0.0099 USD
04 October 20231 ALL = 0.0099 USD
06 October 20231 ALL = 0.0100 USD
09 October 20231 ALL = 0.0103 USD
10 October 20231 ALL = 0.0102 USD
11 October 20231 ALL = 0.0101 USD
13 October 20231 ALL = 0.0100 USD
16 October 20231 ALL = 0.0102 USD
17 October 20231 ALL = 0.0100 USD
18 October 20231 ALL = 0.0100 USD
19 October 20231 ALL = 0.0102 USD
20 October 20231 ALL = 0.0101 USD
23 October 20231 ALL = 0.0103 USD
24 October 20231 ALL = 0.0101 USD
25 October 20231 ALL = 0.0101 USD
26 October 20231 ALL = 0.0100 USD
27 October 20231 ALL = 0.0100 USD
30 October 20231 ALL = 0.0102 USD
31 October 20231 ALL = 0.0101 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.