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Under the direction of Benito Mussolini, Italy invaded and occupied Albania and issued a new series of coins in 1939 in denominations of Lek 0.20, Lek 0.50, 1 Lek and 2 Lek in stainless steel, and silver 5 Lek, and 10 Lek. Aluminium-bronze Lek 0.05 and Lek 0.10 were introduced in 1940.
The Bank of Albania (Albanian: Banka e Shqipërisë) is the central bank of Albania, issuing the Albanian lek. It is headquartered in Tirana , with five branches in Shkodër , Elbasan , Gjirokastër , Korçë and Lushnjë , and a Research and Training Center in Berat .
The franga is an obsolete unit of currency, equal to 5 lek, used in the Albanian Republic and Albanian Kingdom under Zogu. [1] Coins denominated in Franga were in use from 1926 until 1939. [ 2 ]
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.
5 Lekë (5 L) have a value of 5 Albanian lek and is composed of a nickel-covered steel. The coin has been used since 1939 and has been redesigned several times, while also being printed as a banknote for the years 1942-1944 during the Italian occupation of Albania. [2] [3]
The Albanian lek has strengthened from 143 lekë to the US dollar in 2000 to 92 lekë in 2007, mainly due to the depreciation of the US dollar, but also thanks to the overall improvement of the Albanian economy. June 10: US President George W. Bush visited Albania, the first sitting US president to do so. While Mr Bush was glad-handing cheering ...
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 ...
Albania [1] Value: 100 Albanian lek: Mass: 6,700 g: Diameter: 24.75 mm: Edge: ... 100 Lekë (100 L) has a value of 100 Albanian lek. It exists as both a coin and a ...