Vanuatu vatu albanian lek history for March 2024. The highest quote for this month is 0.80577 (11/03/2024) and the lowest 0.80412 (11/03/2024). The difference between high and low is 0.2.
VUV ALL average rate for March 2024 is 0.79502, the change between 01/03/2024 and 31/03/2024 is +0.2 %.
| 01 March 2024 | 1 VUV = 0.8057 ALL |
| 04 March 2024 | 1 VUV = 0.7880 ALL |
| 05 March 2024 | 1 VUV = 0.7884 ALL |
| 06 March 2024 | 1 VUV = 0.7878 ALL |
| 07 March 2024 | 1 VUV = 0.8032 ALL |
| 08 March 2024 | 1 VUV = 0.7881 ALL |
| 11 March 2024 | 1 VUV = 0.8041 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.