Convert South Korean Won to Albanian Lek
Please provide values below to convert South Korean Won [KRW] to Albanian Lek [ALL], or Convert Albanian Lek to South Korean Won.
How to Convert South Korean Won to Albanian Lek
1 KRW = 16.5783278155026 ALL
Example: convert 15 KRW to ALL:
15 KRW = 15 × 16.5783278155026 ALL = 248.674917232539 ALL
South Korean Won to Albanian Lek Conversion Table
| South Korean Won | Albanian Lek |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.