Australian Dollar to Albanian lek — exchange rate

The Australian dollar (symbol: $ ,code: AUD, number 036) is the currency of the Commonwealth of Australia. It is used not only on the territory of Australia, but also on the adjacent islands: Cocos Islands, Norfolk, and Christmas Islands. $ is identified as AUD or by the classic dollar sign on the global financial market.

One AUD is 100 cents. It has come into action in 1966, replacing the Australian pound. Since the late 80s, banknotes have been being made from special flexible plastic instead of paper. It makes money last longer in humid Australian climate. Interestingly, all banknotes have the same height, but are different in length. On the notes you can find portraits of historical and political figures, important buildings and objects. Australia also regularly issues commemorative coins worth 50 cents.

The Albanian lek (L) is the currency used in Albania. It has an abbreviation – ALL – that is used on the global exchange market. It was issued in 1947 after a monetary reform.

Up until 1990, lek could be subdivided into 100 qindarka. Today, the smallest unit is 1 lek. Before lek appeared, there had been several currencies from different European countries used in Albania. Banknotes have portraits of different famous figures, and architectural objects of various eras printed on them. The name Lek comes from contracting the name of Alexander the Great.