JEP to ALL

JEP - Jersey pound (£)
ALL - Albanian Lek (Lekë)
1 JEP1 ALL

Currency conversion rates from JEP to ALL

JEPALL
1 JEP1 ALL
5 JEP5 ALL
10 JEP10 ALL
20 JEP20 ALL
50 JEP50 ALL
100 JEP100 ALL
250 JEP250 ALL
500 JEP500 ALL
1000 JEP1000 ALL
2000 JEP2000 ALL
5000 JEP5000 ALL
10000 JEP10000 ALL
ALLJEP
1 ALL1 JEP
5 ALL5 JEP
10 ALL10 JEP
20 ALL20 JEP
50 ALL50 JEP
100 ALL100 JEP
250 ALL250 JEP
500 ALL500 JEP
1000 ALL1000 JEP
2000 ALL2000 JEP
5000 ALL5000 JEP
10000 ALL10000 JEP

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)


JEP - JEP (£)

JEP

The Jersey Pound is the currency in Channel Islands (Aldernay, Guernsey, Jersey, Sark). The Jersey Pound is divided into 100 pence. The exchange rate for the Jersey Pound was last updated on Today from The International Monetary Fund. The JEP conversion factor has 6 significant digits.

More information about JEP - JEP (£)