Convert British Pound Sterling to Albanian Lek
Please provide values below to convert British Pound Sterling [GBP] to Albanian Lek [ALL], or Convert Albanian Lek to British Pound Sterling.
How to Convert British Pound Sterling to Albanian Lek
1 GBP = 0.00887569352597178 ALL
Example: convert 15 GBP to ALL:
15 GBP = 15 × 0.00887569352597178 ALL = 0.133135402889577 ALL
British Pound Sterling to Albanian Lek Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.