Historic Albanian lek Vanuatu vatu

Albanian lek vanuatu vatu history for August 2023. The highest quote for this month is 1.289 (10/08/2023) and the lowest 1.2924 (03/08/2023). The difference between high and low is -0.26.

ALL VUV average rate for August 2023 is 1.27137, the change between 01/08/2023 and 31/08/2023 is +0.03 %.

01 August 20231 ALL = 1.260 VUV
03 August 20231 ALL = 1.295 VUV
04 August 20231 ALL = 1.256 VUV
07 August 20231 ALL = 1.284 VUV
08 August 20231 ALL = 1.279 VUV
10 August 20231 ALL = 1.290 VUV
14 August 20231 ALL = 1.284 VUV
15 August 20231 ALL = 1.257 VUV
17 August 20231 ALL = 1.251 VUV
21 August 20231 ALL = 1.260 VUV

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.