Albanian Monetary Unit -
: A common rough conversion is 100 Lek ≈ 1 Euro . Denominations in Circulation
: Technically divided into 100 qindarka , though these are no longer in use due to inflation. Issuing Authority : Managed by the Bank of Albania. albanian monetary unit
: Euros are widely accepted for larger purchases like hotels or tours, but you will almost always get a better rate paying in lekë. : A common rough conversion is 100 Lek ≈ 1 Euro
: 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. : Euros are widely accepted for larger purchases
For the best rates, use local ( Zyra Këmbimi ) rather than banks or hotels. They are safe, common in city centers, and typically do not charge commission. You can check daily rates on tools like the XE Currency Converter or the official Bank of Albania website.