ALL to TMT

ALL - Albanian Lek (Lekë)
TMT - Turkmenistan manat (T)
1 ALL1 TMT

Currency conversion rates from ALL to TMT

ALLTMT
1 ALL1 TMT
5 ALL5 TMT
10 ALL10 TMT
20 ALL20 TMT
50 ALL50 TMT
100 ALL100 TMT
250 ALL250 TMT
500 ALL500 TMT
1000 ALL1000 TMT
2000 ALL2000 TMT
5000 ALL5000 TMT
10000 ALL10000 TMT
TMTALL
1 TMT1 ALL
5 TMT5 ALL
10 TMT10 ALL
20 TMT20 ALL
50 TMT50 ALL
100 TMT100 ALL
250 TMT250 ALL
500 TMT500 ALL
1000 TMT1000 ALL
2000 TMT2000 ALL
5000 TMT5000 ALL
10000 TMT10000 ALL

ALL - Albanian Lek (Lek)

Albanian Lek

The official currency of Albania is the Lek (ALL). The currency symbol for the Lek is L. The lek is divided into 100 qindarka; however, the qindarka is no longer produced. In 1947 the Lek was chosen as the main denomination. So far, four editions of the Lek have been printed by Albania.

The Albanian Lek is the currency in Albania (AL, ALB). The symbol for ALL can be written L. The Albanian Lek is divided into 100 qindarka (qintars). The exchange rate for the Albanian Lek was last updated on May 24, 2019 from Yahoo Finance. The ALL conversion factor has 4 significant digits.

Economy

  • Although Albania is seen as a poor country, their economy is improving at a fast rate.
  • According to the International Monetary Fund (IMF), Albania showed 2.8% economical growth in the year 2009.
  • Agriculture products are vegetables, fruit, grapes, dairy products, potatos, maize, wheat, and sugar beets.
  • Albania relies on the import of most goods and the country does not do much export.
  • Currently Albania’s economy is undergoing macroeconomic restructuring, which is led by the World Bank and the International Monetary Fund (IMF).
  • The tourism industry is booming and it is starting to contribute a huge amount to the country’s GDP.
  • In 2008, oil and gas were discovered in Albania, which are helping to improve the country’s economic status.

History

  • In 1926, the Lek was introduced by the Albanian King Ahmet Zoghu. Bronze, nickel, and silver coins were minted and distributed in denominations of 5 and 10 qindar.
  • In 1956, the Lek was redistributed and was available in denominations of 1 lek and 5 qindar, 10 qindar, 20 qindar, and 50 qindar.
  • In 1991, and 1992 the Lek was reintroduced with added denominations of 200, 500, and 1,000 Lek notes.
  • In 1997, a newly printed series of Lek banknotes were made available.
  • Since 2002, there have been special issues of the Lek; for example, in 2005 the 50 Lek was designed for the 85th anniversary of the capital Tirana.

More information about ALL - Albanian Lek (Lek)


TMT - Turkmenistani Manat (TMT)

Turkmenistani Manat

Turkmenistan New Manat (TMT) is equivalent to the old Turkmenistan Manat (TMM) on a basis of 1 Turkmenistan new Manat (TMT) = 5,000 Turkmenistan manat (TMM). The currency symbol is m. Turkmenistan is one of the six independent Turkic states. It is bordered by Afghanistan and Iran to the south, Uzbekistan and Kazakhstan to the north, and the Caspian sea to the west.

The Turkmenistan Manat is the currency in Turkmenistan (TM, TKM). The Turkmenistan Manat is divided into 100 tenga. The exchange rate for the Turkmenistan Manat was last updated on May 24, 2019 from Yahoo Finance. The TMT conversion factor has 2 significant digits.

Economy

  • Turkmenistan's economy is primarily agronomic. Agriculture accounts for nearly half of the gross domestic product (GDP) and more than two-fifths of total employment. Industry accounts for about one-fifth of the gross domestic product.
  • Turkmenistan has the fourth-largest reserves of natural gas in the world.
  • Turkmenistan is the world’s tenth largest producer of cotton; approximately half of the country’s irrigated farmland is planted with cotton.
  • The Turkmenistan economy places great emphasis on foreign economic relations and foreign trade and it hasan open-door trade policy. The most prominent trade partners of Turkmenistan are the United States, Turkey, Switzerland, Hong Kong, Germany, and the United Kingdom.

History

  • The old Turkmenistan Manat (TMM) was introduced on November 1, 1993, replacing the Russian Ruble at a rate of 1 Manat = 500 Rubles.
  • In 1993, notes were introduced in denominations of 1, 5, 10, 20, 50, 100 and 500 Manat. These were followed by notes for 1,000 Manat in 1995 and 5,000 and 10,000 Manat in 1996.
  • In 2005, a new series of notes was introduced in denominations of 50, 100, 500, 1000, 5000, and 10,000 Manat.
  • The Turkmenistan New Manat was introduced in 2009. Notes are printed in denominations of 1, 5, 10, 20, 50, 100, and 500 New Manat.

More information about TMT - Turkmenistani Manat (TMT)