Convert Albanian Lek to Tanzanian Shilling
Please provide values below to convert Albanian Lek [ALL] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Albanian Lek.
How to Convert Albanian Lek to Tanzanian Shilling
1 ALL = 0.032448391927976 TZS
Example: convert 15 ALL to TZS:
15 ALL = 15 × 0.032448391927976 TZS = 0.48672587891964 TZS
Albanian Lek to Tanzanian Shilling Conversion Table
| Albanian Lek | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.