Question

What is the national currency of Albania?

Answer 1

The official currency of Albania is the Lek (ALL). The currency symbol for the Lek is L. The lek is subdivided into 100 qindarka; nevertheless, the qindarka is no longer produced.

Important facts about Albania and Balkan Region

1. The lek was introduced as the first Albanian currency in February 1926
2. The lek was named after Alexander the Great, whose name is often shortened to Leka in Albanian.
3. Bank of Albania is the central bank of Albania.
4. Albania, on Southeastern Europe’s Balkan Peninsula, is a small country with Adriatic and Ionian coastlines and an interior crossed by the Albanian Alps.
5. The capital of Albania is Tirana.
6. In 2016, the unemployment rate in Albania was the 4th lowest in the Balkans.
7. The area in South-Eastern Europe is known as Balkan Peninsula.
8. The Balkan Peninsula is bordered by the Adriatic Sea in the northwest, the Ionian Sea in the southwest, the Aegean Sea in the south, the Turkish Straits in the east, and the Black Sea in the northeast.
9. The countries which are entirely in Balkan Peninsula are Albania, North Macedonia, Bulgaria, Kosovo, Montenegro, Bosnia & Herzegovina.
10. The counties which are partially within the Balkan peninsula are Greece, Italy, Croatia, Serbia, Slovenia, Turkey, Romania.