Convert Canadian Dollar to Albanian Lek
Please provide values below to convert Canadian Dollar [CAD] to Albanian Lek [ALL], or Convert Albanian Lek to Canadian Dollar.
How to Convert Canadian Dollar to Albanian Lek
1 CAD = 0.0163376552676797 ALL
Example: convert 15 CAD to ALL:
15 CAD = 15 × 0.0163376552676797 ALL = 0.245064829015196 ALL
Canadian Dollar to Albanian Lek Conversion Table
| Canadian Dollar | Albanian Lek |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.