GENERAL KNOWLEDGE

GK

CURRENCIES OF THE WORLD

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the national currency of Albania?
A
Lek
B
Euro
C
Dollar
D
Kwanza
Explanation: 

Detailed explanation-1: -Key Takeaways. The Albanian lek is the official currency of Albania and is represented by the symbol L and the abbreviation ALL. The currency is issued and maintained by the Bank of Albania, the country’s central bank.

Detailed explanation-2: -The Bank of Albania operates under a free-floating exchange rate regime. The value of the Albanian currency (lek) against foreign currencies is freely determined in the foreign exchange market.

Detailed explanation-3: -100 Lek – 100 Lek is enough to grab a decent coffee in the morning or a light snack. A bus or metro ticket costs around the same depending on what city you are visiting. 300 Lek – 300 Lek will get you a large beer (0.5 l) in a bar or a portion of fries and a small beer at a restaurant a little out of the city centers.

Detailed explanation-4: -Overview. The official currency of Albania is the Lek (ALL). The currency symbol for the Lek is L. The lek is divided into 100 qindarka; however, the qindarka is no longer produced.

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