Albanian Monetary Unit -

: Technically divided into 100 qindarka , though these are no longer in use due to inflation. Issuing Authority : Managed by the Bank of Albania.

The official monetary unit of Albania is the (plural: lekë ), represented by the symbol L and the currency code ALL . Quick Currency Facts albanian monetary unit

: A common rough conversion is 100 Lek ≈ 1 Euro . Denominations in Circulation : Technically divided into 100 qindarka , though

: ATMs are plentiful in cities but often charge high transaction fees (roughly 700 Lek per withdrawal). It is usually more cost-effective to withdraw larger amounts at once. Where to Exchange Money Quick Currency Facts : A common rough conversion

: Euros are widely accepted for larger purchases like hotels or tours, but you will almost always get a better rate paying in lekë.

: Locals often refer to prices in "Old Lek," which adds an extra zero to the current value (e.g., they might say "1,000" for a 100-Lek coffee). Always clarify if a price seems unexpectedly high.

You will encounter both coins and banknotes for daily transactions: Common Denominations 5, 10, 20, 50, and 100 lekë Banknotes 200, 500, 1,000, 2,000, 5,000, and 10,000 lekë Practical Spending Guide