Convert New Taiwan Dollar to Albanian Lek
Please provide values below to convert New Taiwan Dollar [TWD] to Albanian Lek [ALL], or Convert Albanian Lek to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Albanian Lek
1 TWD = 0.352113942704892 ALL
Example: convert 15 TWD to ALL:
15 TWD = 15 × 0.352113942704892 ALL = 5.28170914057338 ALL
New Taiwan Dollar to Albanian Lek Conversion Table
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.