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500 Lekë
The lek (; indefinite singular ''lek'', definite plural ''lekët'', indefinite plural ''lekë''; Currency symbol, sign: L; ISO 4217, code: ALL) is the currency of Albania. Historically, it was subdivided into 100 ''qintars'' (; singular ''qindarkë''). History The lek was introduced as the first Albanian currency in February 1926. Before then, Albania was a country without a currency, using a gold standard to fix commercial values. Before the First World War, the Ottoman Turkish piastre was in full circulation. During the occupation of Albania by Austria-Hungary, paper notes of the Austro-Hungarian krone were imposed on the population. Albanians were reluctant to use these notes and only did so in exchanges with the occupiers. The majority of the population used gold and silver piastres, or gave up on money altogether and bartered instead. In 1923 Italian paper circulated at Shkodër, Durrës, Vlorë, and Gjirokastër, and the Modern drachma, Greek drachma at Korçë, the valu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Albania
The Bank of Albania () is the central bank of Albania, issuing the Albanian lek. It is headquartered in Tirana, with five branches in Shkodër, Elbasan, Gjirokastër, Korçë and Lushnjë, and a Research and Training Center in Berat. The bank was founded in 1925 in Rome as the National Bank of Albania (, , Albanian acronym BKS or BKSH), replaced in 1945 by the state-owned Albanian State Bank based in Tirana (, BSS or BSHSH), before adopting its current name in 1992. History Background In the first few years following Albanian Declaration of Independence, Albania's declaration of independence on 28 December 1912, the fledgling country lacked a central bank, and several attempts to create one were unsuccessful. Under Ismail Qemali's leadership, a first "National Bank of Albania" was created on , whose construct was dominated by foreign banks such as the Austrian Wiener Bankverein and the Banca Commerciale Italiana. The backlash against that foreign domination triggered a revolt i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
