Convert New Zealand Dollar to Albanian Lek
Please provide values below to convert New Zealand Dollar [NZD] to Albanian Lek [ALL], or Convert Albanian Lek to New Zealand Dollar.
How to Convert New Zealand Dollar to Albanian Lek
1 NZD = 0.0200128782691798 ALL
Example: convert 15 NZD to ALL:
15 NZD = 15 × 0.0200128782691798 ALL = 0.300193174037697 ALL
New Zealand Dollar to Albanian Lek Conversion Table
| New Zealand Dollar | Albanian Lek |
|---|
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.