Convert United States Dollar to Albanian Lek
Please provide values below to convert United States Dollar [USD] to Albanian Lek [ALL], or Convert Albanian Lek to United States Dollar.
How to Convert United States Dollar to Albanian Lek
1 USD = 0.0119909396460035 ALL
Example: convert 15 USD to ALL:
15 USD = 15 × 0.0119909396460035 ALL = 0.179864094690052 ALL
United States Dollar to Albanian Lek Conversion Table
| United States Dollar | Albanian Lek |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.