BYR to ALL

BYR - Belarusian Ruble (p.)
ALL - Albanian Lek (Lekë)
1 BYR1 ALL

Currency conversion rates from BYR to ALL

BYRALL
1 BYR1 ALL
5 BYR5 ALL
10 BYR10 ALL
20 BYR20 ALL
50 BYR50 ALL
100 BYR100 ALL
250 BYR250 ALL
500 BYR500 ALL
1000 BYR1000 ALL
2000 BYR2000 ALL
5000 BYR5000 ALL
10000 BYR10000 ALL
ALLBYR
1 ALL1 BYR
5 ALL5 BYR
10 ALL10 BYR
20 ALL20 BYR
50 ALL50 BYR
100 ALL100 BYR
250 ALL250 BYR
500 ALL500 BYR
1000 ALL1000 BYR
2000 ALL2000 BYR
5000 ALL5000 BYR
10000 ALL10000 BYR

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)


BYR - Belarusian Ruble (2000–2016) (p.)

Belarusian Ruble (2000–2016)

The official currency of Belarus is the Belarusian Ruble (BYR). The symbol used for the Belarusian Ruble is Br. Two ruble series editions were introduced. In 2008, the Belarusian Ruble was tied to the US Dollar rather than to the Russian Ruble, though it is not an official peg.

The Old Belarusian Ruble is the currency in Belarus (BY, BLR, Belorussia). The symbol for BYR can be written BR. The exchange rate for the Old Belarusian Ruble was last updated on May 24, 2019 from Yahoo Finance. The BYR conversion factor has 3 significant digits.

Economy

  • The Belarus economy shows a stable economic growth of 9%.
  • The main industries are radios, textiles, refrigerators, televisions, trucks, tractors, earthmovers, radios, metal cutting, motorcycles, and machine tools.
  • Agriculture accounts for 11% of the total GDP.
  • Peat is the main mineral resource; it is used for fertilizer and in the chemical industry.
  • The economy is still dependent on Russia.
  • Inflation is estimated at 10% and the unemployment rate is estimated at 8%.
  • 80% of the industry-based economy is controlled by the state.
  • The educational level in Belarus is high, and the country has a large agricultural base.
  • In 1991, companies started the privatization process; however, most of the privatization has been re-nationalized.
  • Belarus is changing from a state-run economy to a free-market system.
  • The country imports oil and gas from Russia.

History

  • The first Belarusian Ruble was introduced in 1992, because Belarus did not have a license to print Soviet Union banknotes.
  • In 2000, the second Belarusian Ruble was introduced to replace the first at a rate of 1,000 old Rubles = 1 new Ruble. Only banknotes and commemorative coins were issued.
  • Only banknotes were issued in 2000.
  • In 2009, the Central Bank of Belarus reduced the exchange rate by +/- 20%.
  • In 2011, the Central Bank of Belarus again reduced the exchange rate by +/- 56%.

More information about BYR - Belarusian Ruble (2000–2016) (p.)