Convert Bulgarian Lev to Albanian Lek
Please provide values below to convert Bulgarian Lev [BGN] to Albanian Lek [ALL], or Convert Albanian Lek to Bulgarian Lev.
How to Convert Bulgarian Lev to Albanian Lek
1 BGN = 0.0199960909536754 ALL
Example: convert 15 BGN to ALL:
15 BGN = 15 × 0.0199960909536754 ALL = 0.299941364305131 ALL
Bulgarian Lev to Albanian Lek Conversion Table
| Bulgarian Lev | Albanian Lek |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.