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Currency.Wiki
Updated 31 seconds ago
 ALL =
    GBP
 Albanian Lek =  British Pounds Sterling
Trending: L exchange rates for the last 24 hours
  • ALL/USD 0.010435 -0.00045930
  • ALL/EUR 0.010100 -0.00016163
  • ALL/JPY 1.587639 -0.09725937
  • ALL/GBP 0.008405 -0.00014851
  • ALL/CHF 0.009493 -0.00011740
  • ALL/MXN 0.215114 -0.00928213
  • ALL/INR 0.912668 -0.00675706
  • ALL/BRL 0.061133 -0.00150682
  • ALL/CNY 0.076233 -0.00256016

ALL/GBP exchange rate analysis over the past 90 days

Albanian Lek to British Pound Sterling exchange rate: Over the last 90 days, the Albanian Lek weakened by -1.77% against the British Pound Sterling, declining from £0.0086 to £0.0084 per Albanian Lek. This trend reflects the evolving economic dynamics between the Albania and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Albania and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Albania and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Albania or United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Albania relative to the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.

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.

£

British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

Quick Conversion Guide

Frequently Asked Questions

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The Albanian Lek to British Pound Sterling 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 GBP is £0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Albanian Lek to British Pound Sterling 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.