Convert Albanian Lek to Lebanese Pound
Please provide values below to convert Albanian Lek [ALL] to Lebanese Pound [LBP], or Convert Lebanese Pound to Albanian Lek.
How to Convert Albanian Lek to Lebanese Pound
1 ALL = 0.000931802234636871 LBP
Example: convert 15 ALL to LBP:
15 ALL = 15 × 0.000931802234636871 LBP = 0.0139770335195531 LBP
Albanian Lek to Lebanese Pound Conversion Table
| Albanian Lek | Lebanese Pound |
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Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.