Albanian Lek

Albanian Lek

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.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

143 Albanian Lek to British Pound exchange rates chart

143 ALL to GBP exchange rates graph
143 ALL to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

143 ALL to GBP exchange rates table

Exchange ALL to GBP
143 Albanian Lek = 1.033 British Pound
286 Albanian Lek = 2.066 British Pound
715 Albanian Lek = 5.165 British Pound
1430 Albanian Lek = 10.329 British Pound
Exchange Albanian Lek to British Pound
143 Albanian Lek to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

143 ALL to GBP exchange rates news

2018 Winners & Losers

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

27 days 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
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

6 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

12 days indicative neutral

143 ALL to GBP currency converter