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Currency.Wiki
Updated 1 minute ago
 ALL =
    CVE
 Albanian Lek =  Cape Verdean Escudos
Trending: L exchange rates for the last 24 hours
  • ALL/USD 0.010516 -0.00045587
  • ALL/EUR 0.010105 -0.00005832
  • ALL/JPY 1.610955 -0.06976045
  • ALL/GBP 0.008402 -0.00004892
  • ALL/CHF 0.009498 -0.00007808
  • ALL/MXN 0.217302 -0.00001647
  • ALL/INR 0.919078 -0.00596243
  • ALL/BRL 0.061129 -0.00133096
  • ALL/CNY 0.076504 -0.00187235

ALL/CVE exchange rate analysis over the past 90 days

Albanian Lek to Cape Verdean Escudo exchange rate: Over the last 90 days, the Albanian Lek weakened by -0.93% against the Cape Verdean Escudo, declining from CV$1.1242 to CV$1.1138 per Albanian Lek. This trend reflects the evolving economic dynamics between the Albania and the Cape Verde. Factors contributing to this weakening may include:

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

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.

CV$

Cape Verdean Escudo Currency

Country: Cape Verde

Symbol: CV$

ISO Code: CVE

Bank: Bank of Cape Verde

Interesting fact about Cape Verdean Escudo

The Cape Verdean Escudo (CVE) is the official currency of Cape Verde. It was introduced in 1914, replacing the Cape Verdean real. The escudo is significant in Cape Verde as it is the means of exchange for goods and services, as well as the unit of account for financial transactions. It has played an important role in the country's economy and represents its sovereignty and economic stability.

Quick Conversion Guide

Frequently Asked Questions

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The Albanian Lek to Cape Verdean Escudo 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 CVE is CV$1.11.
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Yes, our site provides historical charts that show the trends and fluctuations in the Albanian Lek to Cape Verdean Escudo 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.