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ALL flagAlbanian 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.

ISO Code

ALL

Standardized ISO 4217 Currency Code

Symbol

L

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Qindarkë Decimals

Subdivision unit definition

Region

Albania

ALL Primary AreaGlobal Trade
Central Bank

Bank of Albania

Bank of Albania

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.

Fiat
Classification
EUR/ALL
Top Pair Mapping
Albania
Main Adoption Regions
ALL Network Node
Live Telemetry
Governing AuthorityBank of Albania
Primary Peg / RegimeFree Floating
ISO Standard CodeALL (4217)
Settlement Status Operational

Institutional routing verified

Live Rates

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

Institutional Analysis

Weak Currency Impact

Higher remittance values in lek; more affordable tourism destination; higher import costs

Institutional Analysis

Remittance Role

Albania is highly remittance-dependent (~€1.5 billion/year, ~10% of GDP); major sources Italy, Greece, Germany from large Albanian diaspora

Institutional Analysis

Central Bank Tools

Policy Rate, Reserve Ratio, FX interventions

Institutional Analysis

Common Questions About Albanian Lek

Everything you need to know about ALL exchange rates, banknotes, and historical significance.

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