Albanian Lek
(ALL) Insights
Currency of small EU candidate Western Balkans economy; significant remittance dependency (~10% GDP); tourism growing fast; NATO member; large informal economy historically; dollarised savings common
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Currency Snapshot
Technical specifications, central bank governance, and market standing for Albanian Lek.
ALL
Standardized ISO 4217 Currency Code
L
Unicode Glyphs & Display Symbol
1/100 = Qindarkë Decimals
Subdivision unit definition
Albania
Bank of Albania
Bank of Albania
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Market-determined exchange rate mechanism
Currency Standard: Fiat
Classified as Fiat in global trade networks
Banknotes
L 200
Coins
L 1
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Albanian Lek, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Bank of Albania.
ALL Market Insights
Deep-dive analysis of the Albanian Lek's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower remittance values; lower inflation; tourism more expensive for visitors
Weak Currency Impact
Higher remittance values in lek; more affordable tourism destination; higher import costs
Remittance Role
Albania is highly remittance-dependent (~€1.5 billion/year, ~10% of GDP); major sources Italy, Greece, Germany from large Albanian diaspora
Central Bank Tools
Policy Rate, Reserve Ratio, FX interventions
Common Questions About Albanian Lek
Everything you need to know about ALL exchange rates, banknotes, and historical significance.