lek: the Albanian currency
Usage and exchange rates of the Albanian lek. Convert ALL to any other currency.
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Countries that use the Albanian lek

The Albanian lek was established in 1926 as an official national currency and is used only in Albania. 1 Lek is devided into 100 Qindarka.

ISO 4127:

ALL

Numeric:

008

List of all currencies

Overview: Albania

1.00 Albanian leks = 0.011 US dollars

Currency:

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↔ Reverse currencies

Exchange rate history 1000 ALL in USD

The graph shown here shows the exchange rate development from January 2018 to March 2024. The exchange rate for 1000 ALL moved during this time from USD 9.43 to USD 10.49. In these 74 months it rose by 11.2 percent.

› Inflation development in Albania

Currency reserves for the Albanian lek

According to the International Monetary Fund, the total broad money (M3) amounted to ALL 1.698 trillion at the end of 2023. For currency hedging, reserves were held in a total amount of 649.71 billion leks. This corresponds to a ratio of 1:2.6. Or in other words, 10 of 26 leks are deposited with a countervalue, which is internationally already above average.

› Worldwide currency and gold reserves

Sources

All conversion rates are based on data from the European Central Bank.

Data on currency and gold reserves are from the International Monetary Fund.