Albanian Lek

Albanian Lek

Albanian Lek overview

The lek (Albanian: Leku Shqiptar; plural lekë) (sign: L; code: ALL) is the official currency of Albania. It is subdivided into 100 qindarka (singular qindarkë), although qindarka are no longer issued.

1 ALL to USD exchange rates chart

ALL to  exchange rates chart

Albanian Lek news

2018 Winners & Losers

Of 120 currencies monitored, only nine have lifted against the greenback in 2018.

about 1 month indicative negative
Hundreds of capital students protest price hikes in front of Education Ministry
Hundreds of capital students protest price hikes in front of Education Ministry

TIRANA, Dec. 5 - On Wednesday, Construction Engineering, Architecture and Urban Development students took the streets of Tirana in protest of the government’s decision to raise education fees. Among some the students’ demands is to remove a 670 Albanian Lek fee for every credit left to be ob

about 1 month conditional neutral
Albania’s currency stabilises against the euro

Albania’s national currency, the lek, has finally stabilised against the euro following an unprecedented strengthening. The Albanian lek ...

about 2 months indicative neutral
Societe Generale withdraws from Albania
Societe Generale withdraws from Albania

TIRANA, Aug. 2 – The Albania subsidiary of France’s Societe Generale has changed hands part of a deal the France-based lender has concluded to sell its Bulgarian unit to Hungary's OTP Bank. The takeover was initially announced by Reuters news agency before it was officially confirmed lat

about 2 months indicative neutral
Some of the most valuable words in Scrabble use a Q without a U, and there are many more than your English teacher led you to believe

The letter Q is almost always followed by a U in English, but that isn't always the case. In fact, one of the exceptions is a word you see on your computer...

about 2 months indicative neutral
Albanian High Court Judge Sacked Over Crime Connections

Albania's Vetting Commission on Monday dismissed a High Court Judge, Shkelzen Selimi, citing his alleged links with organised crime.

about 2 months conditional positive
Albania hopes to raise up to €500 mln next October in new Eurobond
Albania hopes to raise up to €500 mln next October in new Eurobond

By Ervin Lisaku TIRANA, Sept. 21 - Ruling majority MPs paved the way for Albania’s third Eurobond issue this week and expect the country to raise up to €500 million next October when it taps international markets. In a parliamentary session on Thursday, ruling Socialist Party MPs authorize

about 2 months conditional neutral
Albania raises €500 million at 3.5% rate in new Eurobond
Albania raises €500 million at 3.5% rate in new Eurobond

TIRANA, Oct. 3 – Albania successfully tapped international markets to raise €500 million in its third ever Eurobond at an interest rate of 3.55 percent, down 2.2 percent compared to three years, in an issue which the Prime Minister described as a sign of confidence in Albania’s economy, but th

about 2 months conditional positive
Durres Port cash stash linked to euro’s free fall in Albania
Durres Port cash stash linked to euro’s free fall in Albania

TIRANA, June 26 – The seizure of €3.5 million in cash at Albania’s main port of Durres this week in alleged drug profits has apparently confirmed speculations that money illegally entering the country is one of the main reasons behind euro’s free fall against Albania’s national currency.

about 2 months conditional negative

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