Convert Albanian Lek to Philippine Peso
Please provide values below to convert Albanian Lek [ALL] to Philippine Peso [PHP], or Convert Philippine Peso to Albanian Lek.
How to Convert Albanian Lek to Philippine Peso
1 ALL = 1.46457554401561 PHP
Example: convert 15 ALL to PHP:
15 ALL = 15 × 1.46457554401561 PHP = 21.9686331602341 PHP
Albanian Lek to Philippine Peso Conversion Table
| Albanian Lek | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.