Albanian Lek

The Albanian Lek decreased to 101.38 in April from 101.83 in March of 2014. Albanian Lek averaged 102.74 from 2009 until 2014, reaching an all time high of 114.24 in June of 2010 and a record low of 88.72 in August of 2009. The USDALL spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the ALL. While the USDALL spot exchange rate is quoted and exchanged in the same day, the USDALL forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Albanian Lek - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
101.38 101.83 114.24 88.72 102.44 | 2014/05 2009 - 2014 Daily

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Albanian Lek
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Markets Last Previous Highest Lowest Forecast Unit
Currency 101.38 2014-04-18 101.83 114.24 88.72 102.44 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Albania Gold Reserves at 1.57 Tonnes  
Gold Reserves in Albania remained unchanged at 1.57 Tonnes in the fourth quarter of 2013 from 1.57 Tonnes in the third quarter of 2013. Gold Reserves in Albania is reported by the World Gold Council.
Albania Business Confidence at -3.20  
Business Confidence in Albania increased to -3.20 in the first quarter of 2014 from -7.40 in the fourth quarter of 2013. Business Confidence in Albania is reported by the Bank of Albania.
Albania Consumer Confidence at -16.40  
Consumer Confidence in Albania decreased to -16.40 in the first quarter of 2014 from -16.20 in the fourth quarter of 2013. Consumer Confidence in Albania is reported by the Bank of Albania.
Albania Producer Prices at 113.20 Index Points  
Producer Prices in Albania remained unchanged at 113.20 Index Points in December of 2013 from 113.20 Index Points in November of 2013. Producer Prices in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Unemployed Persons at 144.00 Thousand  
The number of unemployed persons in Albania increased to 144 Thousand in the fourth quarter of 2013 from 143 Thousand in the third quarter of 2013. Unemployed Persons in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Unemployment Rate at 13.50 Percent  
Unemployment Rate in Albania decreased to 13.50 percent in the fourth quarter of 2013 from 16.90 percent in the third quarter of 2013. Unemployment Rate in Albania is reported by the Bank of Albania.
Albania Average Monthly Wages at 52600.00 ALL  
Wages in Albania remained unchanged at 52600 ALL in the fourth quarter of 2013 from 52600 ALL in the third quarter of 2013. Wages in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Consumer Spending at 827011.51 ALL Million  
Consumer Spending in Albania increased to 827011.51 ALL Million in 2008 from 752963.82 ALL Million in 2007. Consumer Spending in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Current Account at -135.06 USD Million  
Albania recorded a Current Account deficit of 135.06 USD Million in December of 2013. Current Account in Albania is reported by the Bank of Albania.
Albania Employed Persons at 921.00 Thousand  
The number of employed persons in Albania decreased to 921 Thousand in the fourth quarter of 2013 from 971 Thousand in the third quarter of 2013. Employed Persons in Albania is reported by the Instituti i Statistikave (INSTAT).
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Dutch Unemployment Rate Falls for the First Time in 2014  
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