11/01/2021: New polymer banknotes
Polymer banknotes are introduced in The Gambia for the first time, replacing the previous paper banknotes to enhance durability and security.
06/08/2019: New family of banknotes
The Central Bank of The Gambia introduces a new family of Gambian dalasi banknotes with improved security features.
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.
16/06/1997: Introduction of the 25 dalasis note
A new 25-dalasis banknote is introduced, featuring the portrait of President Jammeh, to commemorate 25 years of his rule.
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.
22/07/1996: Change of banknotes and coins
New banknotes and coins featuring the portrait of President Jammeh are introduced, replacing the previous designs.
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.
02/07/1987: Currency redenomination
The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.
01/07/1977: Conversion to decimal currency
The Gambian dalasi is decimalized, with 1 dalasi being divided into 100 bututs.
27/07/1971: Introduction of the Gambian dalasi
The Gambian dalasi currency is introduced to replace the Gambian pound as the official currency of The Gambia.
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.