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In 1926, bronze coins were introduced in denominations of 5 and 10 qintars, together with nickel 1 ⁄ 4 Lek, 1 ⁄ 2 Lek and 1 Lek, and silver Fr.A. 1, Fr.A. 2 and Fr.A. 5 . The obverse of the franc coins depicts King Zog. In 1935, bronze 1 and 2 gold cents were issued, equal in value to the 5 and 10 qintars respectively.
The Bank of Albania is committed to achieving and maintaining annual inflation at 3.0%, with a tolerance band of +/- 1 percentage point. The annual inflation for the third quarter of 2014 was 1.7%. [16] The Bank of Albania manages open market operations through the purchase or sale of securities.
Pages in category "Currencies of Albania" ... 1 Lek; 5 Lekë; 10 Lekë; 20 Lekë; 50 Lekë; 100 Lekë; F. Foreign exchange certificate; K. Korçë frange;
The 1 Lek coin has a value of one lek and is composed of copper-covered steel (2008 and 2013 issues) or bronze (1996), depicting a Dalmatian pelican on its obverse. [1] The 1 Lek coin was firstly minted in 1926 and has been redesigned several times.
For purchasing power parity comparisons, the US dollar is exchanged at 49 leks (2007 estimate). Mean wages were $300.83 per month in 2009. Albania is a low-income country by Western European standards, with a GDP per capita lower than all countries in the EU.
Albania’s prime minister on Tuesday responded to not being invited by Greece to a dinner for top officials from nine Balkan nations and the European Union by saying that in “such turbulent ...
This is a list of banks operating in Albania. [1] Central bank. Name Established Governor Capital Website Bank of Albania: 2 September 1925: Gent Sejko: bankofalbania ...
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...