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Alexander the Great on the first Albanian 1 Lek coin. The lek was introduced as the first Albanian currency in February 1926. [2] Before then, Albania was a country without a currency, adhering to a gold standard for the fixation of commercial values. Before the First World War, the Ottoman Turkish piastre was in full circulation
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
The World Bank and European Community economists report that, Albania's fishing industry has good potential to generate export earnings because prices in the nearby Greek and Italian markets are many times higher than those in the Albanian market.
The 1 Lek coin has a value of one lek and is composed of copper-covered steel (2008 and 2013 issues) or bronze (1996), depicting a Dalmatian pelican on its obverse. [1] The 1 Lek coin was firstly minted in 1926 and has been redesigned several times.
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The Bank of Albania (Albanian: Banka e Shqipërisë) is the central bank of Albania, issuing the Albanian lek. It is headquartered in Tirana , with five branches in Shkodër , Elbasan , Gjirokastër , Korçë and Lushnjë , and a Research and Training Center in Berat .
Jersey pound – Jersey (not an independent currency) Lebanese pound – Lebanon; Libyan pound – Libya; Lombardo-Venetian pound – Lombardy–Venetia; Luccan pound – Lucca; Luxembourgish pound – Luxembourg; Malawian pound – Malawi; Maltese pound – Malta; Manx pound – Isle of Man (not an independent currency) Maryland pound – Maryland
This infobox shows the latest status before this currency was rendered obsolete. The franga [fɾaŋa] is an obsolete unit of currency, equal to 5 lek , used in the Albanian Republic and Albanian Kingdom under Zogu . [ 1 ]