Convert Turkish Lira to Albanian Lek
Please provide values below to convert Turkish Lira [TRY] to Albanian Lek [ALL], or Convert Albanian Lek to Turkish Lira.
How to Convert Turkish Lira to Albanian Lek
1 TRY = 0.484921992942133 ALL
Example: convert 15 TRY to ALL:
15 TRY = 15 × 0.484921992942133 ALL = 7.27382989413199 ALL
Turkish Lira to Albanian Lek Conversion Table
| Turkish Lira | Albanian Lek |
|---|
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.