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Currency.Wiki
Updated 2 minutes ago
 ALL =
    JPY
 Albanian Lek =  Japanese yen
Trending: L exchange rates for the last 24 hours
  • ALL/USD 0.010435 -0.00045930
  • ALL/EUR 0.010097 -0.00016422
  • ALL/JPY 1.586533 -0.09836547
  • ALL/GBP 0.008402 -0.00015146
  • ALL/CHF 0.009491 -0.00012015
  • ALL/MXN 0.214866 -0.00953065
  • ALL/INR 0.912480 -0.00694541
  • ALL/BRL 0.061127 -0.00151307
  • ALL/CNY 0.076233 -0.00256016

ALL/JPY exchange rate analysis over the past 90 days

Albanian Lek to Japanese Yen exchange rate: Over the last 90 days, the Albanian Lek weakened by -6.20% against the Japanese Yen, declining from ¥1.6849 to ¥1.5865 per Albanian Lek. This trend reflects the evolving economic dynamics between the Albania and the Japan. Factors contributing to this weakening may include:

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

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.

¥

Japanese Yen Currency

Country: Japan

Symbol: ¥

ISO Code: JPY

Bank: Bank of Japan

Interesting fact about Japanese Yen

The Japanese Yen (JPY) is the official currency of Japan. Introduced in 1871, it has a long history tied to Japan's economic growth. The JPY is widely used in international trade and is considered a safe-haven currency. It plays a crucial role in Japan's exports, imports, and domestic market, contributing to its status as the third-largest economy globally.

Quick Conversion Guide

Frequently Asked Questions

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The Albanian Lek to Japanese Yen 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 JPY is ¥1.59.
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Yes, our site provides historical charts that show the trends and fluctuations in the Albanian Lek to Japanese Yen 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.