: Technically divided into 100 qindarka , though these are no longer in use due to inflation. Issuing Authority : Managed by the Bank of Albania.
: While cards are accepted in major Tirana hotels and some upscale restaurants, Albania remains heavily cash-based, especially for taxis, markets, and rural areas. 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. : Technically divided into 100 qindarka , though
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. : Euros are widely accepted for larger purchases
: A common rough conversion is 100 Lek ≈ 1 Euro . Denominations in Circulation
: 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.
The official monetary unit of Albania is the (plural: lekë ), represented by the symbol L and the currency code ALL . Quick Currency Facts