Albanian lek
Overview
Currency sign
A currency sign is a graphic symbol used as a shorthand for a currency's name, especially in reference to amounts of money. They typically employ the first letter or character of the currency, sometimes with minor changes such as ligatures or overlaid vertical or horizontal bars...
: L; code
ISO 4217
ISO 4217 is a standard published by the International Standards Organization, which delineates currency designators, country codes , and references to minor units in three tables:* Table A.1 – Current currency & funds code list...
: ALL) is the official currency
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...
of Albania
Albania
Albania , officially known as the Republic of Albania , is a country in Southeastern Europe, in the Balkans region. It is bordered by Montenegro to the northwest, Kosovo to the northeast, the Republic of Macedonia to the east and Greece to the south and southeast. It has a coast on the Adriatic Sea...
. It is subdivided into 100 qindarka
Qindarka
Qindarkë is an Albanian unit of currency equal to 1/100 of a lek....
(singular qindarkë), although qindarka are no longer issued.
Introduced in 1926 by King Ahmet Zogu, the First Lek was named after Alexander the Great. In the front of 1 Lek was the portrait of Alexander the Great and reverse was Alexander on his horse.
Discussions
