Tanzanian Shilling albanian lek history for August 2023. The highest quote for this month is 0.039939 (28/08/2023) and the lowest 0.040365 (28/08/2023). The difference between high and low is -1.07.
TZS ALL average rate for August 2023 is 0.03816, the change between 01/08/2023 and 31/08/2023 is -3.21 %.
| 01 August 2023 | 1 TZS = 0.0378 ALL |
| 02 August 2023 | 1 TZS = 0.0375 ALL |
| 03 August 2023 | 1 TZS = 0.0372 ALL |
| 04 August 2023 | 1 TZS = 0.0381 ALL |
| 07 August 2023 | 1 TZS = 0.0369 ALL |
| 08 August 2023 | 1 TZS = 0.0373 ALL |
| 09 August 2023 | 1 TZS = 0.0372 ALL |
| 10 August 2023 | 1 TZS = 0.0367 ALL |
| 11 August 2023 | 1 TZS = 0.0368 ALL |
| 14 August 2023 | 1 TZS = 0.0370 ALL |
| 15 August 2023 | 1 TZS = 0.0378 ALL |
| 16 August 2023 | 1 TZS = 0.0378 ALL |
| 17 August 2023 | 1 TZS = 0.0384 ALL |
| 18 August 2023 | 1 TZS = 0.0387 ALL |
| 21 August 2023 | 1 TZS = 0.0380 ALL |
| 22 August 2023 | 1 TZS = 0.0387 ALL |
| 23 August 2023 | 1 TZS = 0.0389 ALL |
| 24 August 2023 | 1 TZS = 0.0390 ALL |
| 25 August 2023 | 1 TZS = 0.0394 ALL |
| 28 August 2023 | 1 TZS = 0.0401 ALL |
| 29 August 2023 | 1 TZS = 0.0397 ALL |
| 30 August 2023 | 1 TZS = 0.0396 ALL |
| 31 August 2023 | 1 TZS = 0.0390 ALL |
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.