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.

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

16 Albanian Lek to Danish Krone exchange rates chart

16 ALL to DKK exchange rates graph
16 ALL to DKK 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.

16 ALL to DKK exchange rates table

Exchange ALL to DKK
16 Albanian Lek = 0.956 Danish Krone
32 Albanian Lek = 1.913 Danish Krone
80 Albanian Lek = 4.782 Danish Krone
160 Albanian Lek = 9.563 Danish Krone
Exchange Albanian Lek to Danish Krone
16 Albanian Lek to Danish Krone 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.

16 ALL to DKK exchange rates news

2018 Winners & Losers

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

28 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

16 ALL to DKK currency converter