AI overview
The Albanian lek is the official currency of Albania, the country located in southeastern Europe on the Balkan Peninsula. It matters because it's used for all everyday transactions and financial dealings within Albania, similar to how dollars or euros function in other countries.
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ISO 4217 CodeALL (numeric: 008) before 1990: ALK Subunit0.01 Unit Unitlek Plurallekë SymbolL Denominations Subunit 1⁄100qindarkë Plural qindarkëqindarka Banknotes Freq. used200, 500, 1,000, 2,000, 5,000 Lekë Rarely used10,000 Lekë Coins Freq. used5, 10, 20, 50, 100 Lekë Rarely used1 Lek Demographics Date of introduction16 February 1926 User(s) Albania Issuance Central bankBank of Albania Websitewww.bankofalbania.org Valuation Inflation1.9% Source April 2025
The lek (Albanian: leku shqiptar; indefinite singular lek, definite plural lekët, indefinite plural lekë; sign: L; code: ALL) is the currency of Albania. Historically, it was subdivided into 100 qintars (Albanian: qindarka; singular qindarkë).