Currency.Wiki
Updated 5 minutes ago
 ALL =
    CUC
 Albanian Lek =  Cuban Convertible Pesos
Trending: L exchange rates for the last 24 hours
  • ALL/USD 0.010598 -0.00061929
  • ALL/EUR 0.010161 0.00006494
  • ALL/JPY 1.657967 0.04680055
  • ALL/GBP 0.008430 0.00002820
  • ALL/CHF 0.009473 -0.00003102
  • ALL/MXN 0.212817 -0.00513938
  • ALL/INR 0.900267 -0.03690435
  • ALL/BRL 0.064498 0.00238245
  • ALL/CNY 0.077326 -0.00178160

ALL/CUC exchange rate analysis over the past 90 days

Albanian Lek to Cuban Convertible Peso exchange rate: Over the last 90 days, the Albanian Lek weakened by -5.84% against the Cuban Convertible Peso, declining from CUC$0.0112 to CUC$0.0106 per Albanian Lek. This trend reflects the evolving economic dynamics between the Albania and the Cuba. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Albania and Cuba.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Albania and Cuba.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Albania or Cuba.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Albania relative to the Cuba.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

L

Albanian Lek Currency

Country: Albania

Symbol: L

ISO Code: ALL

Bank: Bank of Albania

Interesting fact about Albanian Lek

The Albanian Lek (ALL) is the official currency of Albania. Introduced in 1926, it has gone through various changes and denominations over the years. The Lek holds great significance in Albania as it symbolizes its economic independence and stability. It plays a vital role in facilitating domestic and international trade, contributing to the country's economic growth and development.

CUC$

Cuban Convertible Peso Currency

Country: Cuba

Symbol: CUC$

ISO Code: CUC

Bank: Central Bank of Cuba

Interesting fact about Cuban Convertible Peso

The Cuban Convertible Peso (CUC) was introduced in 1994 in Cuba, aimed at replacing the Cuban peso (CUP) and the US dollar for certain transactions following an economic crisis. Historically pegged to the US dollar, the CUC was primarily used in tourism and international transactions, contrasting with the CUP's use in local transactions for basic goods and services. As of recent updates, the CUC has been in the process of being phased out.

Quick Conversion Guide

Frequently Asked Questions

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The Albanian Lek to Cuban Convertible Peso exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 ALL to CUC is CUC$0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Albanian Lek to Cuban Convertible Peso exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.