Convert Bitcoin to Albanian Lek
Please provide values below to convert Bitcoin [BTC] to Albanian Lek [ALL], or Convert Albanian Lek to Bitcoin.
How to Convert Bitcoin to Albanian Lek
1 BTC = 1.01322349439916e-07 ALL
Example: convert 15 BTC to ALL:
15 BTC = 15 × 1.01322349439916e-07 ALL = 1.51983524159874e-06 ALL
Bitcoin to Albanian Lek Conversion Table
| Bitcoin | Albanian Lek |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.