HUF to ALL
Currency conversion rates from HUF to ALL
|1 HUF||1 ALL|
|5 HUF||5 ALL|
|10 HUF||10 ALL|
|20 HUF||20 ALL|
|50 HUF||50 ALL|
|100 HUF||100 ALL|
|250 HUF||250 ALL|
|500 HUF||500 ALL|
|1000 HUF||1000 ALL|
|2000 HUF||2000 ALL|
|5000 HUF||5000 ALL|
|10000 HUF||10000 ALL|
|1 ALL||1 HUF|
|5 ALL||5 HUF|
|10 ALL||10 HUF|
|20 ALL||20 HUF|
|50 ALL||50 HUF|
|100 ALL||100 HUF|
|250 ALL||250 HUF|
|500 ALL||500 HUF|
|1000 ALL||1000 HUF|
|2000 ALL||2000 HUF|
|5000 ALL||5000 HUF|
|10000 ALL||10000 HUF|
ALL - Albanian Lek (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.
- 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.
- 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.
HUF - Hungarian Forint (Ft)
The Hungarian forint is the official currency of Hungary, and has been in circulation since 1946. The code for the forint is HUF and the symbol is Ft. Its conversion factor has 6 significant digits, and it is a fiat currency.
The Forint is the official currency of Hungary, and is issued by the Hungarian National Bank. The modern Forint was introduced in 1946, after the second world war. The Forint was subdivided into 100 fillér, but fillér coins are no longer in circulation. The long-term goal of the Hungarian government is to replace the Forint with the Euro, although this transition has been delayed due to current economic issues.
The Hungarian Forint is the currency in Hungary (HU, HUN). The symbol for HUF can be written Ft. The exchange rate for the Hungarian Forint was last updated on January 18, 2019 from The International Monetary Fund. The HUF conversion factor has 6 significant digits.
- Hungary has made a successful shift to a market economy after the first multi-party elections were held in 1990. Before the fall of the Communist regime in 1989, its economy was centrally planned.
- Since 1990, foreign ownership and foreign investment have become commonplace, and Hungary receives about a third of the foreign investment flowing into the Central European area.
- Production in Hungary has shifted from lower-value textiles and food products to higher-value sectors such as luxury vehicle production, renewable energy, tourism, and information technology. Over 60% of Hungary’s exports are related to machinery and equipment.
- In recent years, Hungary has required financial assistance from world bodies such as the IMF and World Bank to service its large public debt. As one consequence, Hungary has delayed adopting the euro until 2020.
- The name Forint has its origin in coins minted in Florence in 1252, called Fiorino d’oro.
- Forint banknotes and fillér coins were introduced and circulated in August 1946, as a crucial step in the stabilization of the country after World War II.
- Inflation (especially during the late 1980s) made fillér coins irrelevant, and they were removed from circulation in 1996. Coins continue to be minted in Forint denominations.
- The Forint became fully convertible in 2001 after the high inflation of the 1990s when Hungary transitioned to a market economy.