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ALLY to Albanian Lek Converter and calculator

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Convert 1ALLY (ALY) to Albanian Lek (ALL) equals L 0.01000 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of ALLY(ALY) to Albanian Lek(ALL). This is the real-time data. The current conversion shows 1 ALY at a value of 1 ALY for 0.01 ALL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

ALL information

About the Albanian Lek (ALL)

What Is the Albanian Lek (ALL)?

The Albanian Lek (ALL), the national currency of Albania, plays a pivotal role in the country's economy. Represented by the ISO code ALL and symbolized as L, the Lek is subdivided into 100 qindarka, although qindarka coins are no longer in circulation due to their low value. The Albanian Lek is the sole legal tender in Albania, and it is used for all transactions within the country.

The Albanian Lek is issued by the Bank of Albania, which is the central bank of Albania. The Bank of Albania is responsible for the design, production, and distribution of the currency, as well as for implementing monetary policy and maintaining financial stability in the country. The issuance of the Lek is a key part of the bank's role in managing Albania's financial system.

What Is the History of ALL?

The Albanian Lek, introduced in 1926, has a rich history that mirrors the economic and political journey of Albania itself. Named in honor of Alexander the Great, the Lek replaced the Albanian Franc, marking a significant step in establishing Albania's monetary independence. Over the decades, the Lek has undergone several transformations, including changes in its denominations and design, each reflecting Albania's cultural heritage and its evolving political landscape.

Notes and Coins of ALL

The Albanian Lek is circulated in a variety of notes and coins, each denoting different values to facilitate a range of transactions. The banknotes include denominations of 200, 500, 1000, 2000, and 5000 Lekë, each uniquely designed with intricate patterns and images reflecting Albania's rich history and culture. The coins, although less commonly used due to their lower value, come in denominations of 1, 5, 10, 20, 50, and 100 Lekë. These coins are made of different metals and sizes, making them easily distinguishable.

Exchange Rates and Value

The value of the Lek has seen fluctuations over the years, influenced by various economic factors including inflation, political stability, and global economic conditions. The exchange rate of the Lek against major currencies like the Euro and the US Dollar is a critical indicator of Albania's economic health.

Like many countries, Albania has faced economic challenges, and these have impacted the value of the Lek. Economic reforms, fluctuations in global markets, and internal political stability are key factors influencing the strength and stability of the Lek.

Is ALL Pegged to EUR?

The Albanian Lek is not pegged to the Euro. The Lek operates under a floating exchange rate system, where its value is determined by market forces such as supply and demand in the foreign exchange market. This means that the exchange rate of the Lek against the Euro and other currencies can fluctuate based on economic conditions, market sentiment, and other factors. While Albania has expressed aspirations to join the European Union, which might eventually lead to the adoption of the Euro, as of January 2024, this transition had not yet occurred.

Is ALL a Stable Currency?

The stability of the Albanian Lek, like many currencies, is subject to various economic factors and can fluctuate based on domestic and international economic conditions. Historically, the Lek has experienced periods of both stability and volatility. For instance, in recent years, the Lek has shown relative stability against major currencies like the Euro and the US Dollar, with moderate fluctuations in its exchange rate. However, it's important to note that factors such as Albania's economic reforms, inflation rates, and political climate can impact the Lek's stability

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Bitget crypto-to-fiat exchange data shows that the most popular ALLY currency pair is the ALY to ALL, with for ALLY's currency code being ALY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ALL.

ALY to ALL conversion rate trend

1D7D1M3M1YAll
In the past 1D, ALLY has changed +4.77% to ALL. Based on the trend and price charts, ALLY(ALY) has changed +4.77% to ALL while Albanian Lek(ALL) has changed % to ALY in the last 24 hours.

ALY to ALL market statistics

ALY/ALL:
L 0.01000
ALY 24h volume:
L 7,615.98
ALY market cap:
L 23,005,235.56
ALY circulating supply:
2.30B ALY

Current ALY to ALL exchange rate

ALLY to Albanian Lek is rising this week.
ALLY's current market price is L 0.01000 per ALY, with a total market cap of L 23,005,235.56 ALL based on a circulating supply of 2,300,000,000 ALY. The trading volume of ALLY has changed by +46.96% (L 2,433.56 ALL) in the last 24 hours. Last trading day, ALY's trading volume was L 5,182.42.

ALY to ALL Conversion tables

The exchange rate of ALLY is decreasing.
1 ALY is currently valued at L 0.01000 ALL , which means buying 5 ALY will cost L 0.05001 ALL . Similarly, L1 ALL can be traded for 99.98 ALY, and L50 ALL can be converted to 4,998.86 ALY, excluding any platform or gas fees.
The exchange rate of 1 ALY to Albanian Lek has changed by +3.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.77%, reaching a high of 0.01001 ALL and a low of 0.009518 ALL . One month ago, the value of 1 ALY was L 0.01541 ALL , which represents a -35.11% change from its current value. Over the last year, ALLY has changed by
-L
0.06293ALL
, resulting in a change of -86.29% in its value.

ALY to ALL

Amount
09:00 am today
0.5 ALY
L0.005001
1 ALY
L0.01000
5 ALY
L0.05001
10 ALY
L0.1000
50 ALY
L0.5001
100 ALY
L1
500 ALY
L5
1000 ALY
L10

ALL to ALY

Amount09:00 am today
0.5ALL49.99  ALY
1ALL99.98  ALY
5ALL499.89  ALY
10ALL999.77  ALY
50ALL4,998.86  ALY
100ALL9,997.72  ALY
500ALL49,988.62  ALY
1000ALL99,977.24  ALY
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ALY to ALL Today vs. 24 hours ago

Amount09:00 am today24 hours ago24h change
0.5 ALYL0.005001L0.004774
+4.77%
1 ALYL0.01000L0.009547
+4.77%
5 ALYL0.05001L0.04774
+4.77%
10 ALYL0.1000L0.09547
+4.77%
50 ALYL0.5001L0.4774
+4.77%
100 ALYL1L0.9547
+4.77%
500 ALYL5L4.77
+4.77%
1000 ALYL10L9.55
+4.77%

ALY to ALL Today vs. 1 month ago

Amount09:00 am today1 month ago1M change
0.5 ALYL0.005001L0.007707
-35.11%
1 ALYL0.01000L0.01541
-35.11%
5 ALYL0.05001L0.07707
-35.11%
10 ALYL0.1000L0.1541
-35.11%
50 ALYL0.5001L0.7707
-35.11%
100 ALYL1L1.54
-35.11%
500 ALYL5L7.71
-35.11%
1000 ALYL10L15.41
-35.11%

ALY to ALL Today vs. 1 year ago

Amount09:00 am today1 year ago1Y change
0.5 ALYL0.005001L0.03647
-86.29%
1 ALYL0.01000L0.07293
-86.29%
5 ALYL0.05001L0.3647
-86.29%
10 ALYL0.1000L0.7293
-86.29%
50 ALYL0.5001L3.65
-86.29%
100 ALYL1L7.29
-86.29%
500 ALYL5L36.47
-86.29%
1000 ALYL10L72.93
-86.29%

How to convert ALY to ALL

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Convert ALY to ALL
Use a variety of payment options to buy ALLY on Bitget. We'll show you how.

Buy ALY (or USDT) for ALL (Albanian Lek) offers

Bitget P2P trading does not currently support direct buying of ALY with ALL. However, you can buy USDT in Bitget P2P trading first, and then buy ALY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
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Sell ALY (or USDT) for ALL (Albanian Lek) offers

Bitget P2P trading currently does not support direct selling of ALY to ALL. However, you can first exchange ALY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of ALY to ALL?

There are many factors that affect the relationship between ALLY and Albanian Lek, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ALY/ALL. When there is positive news in the market about the widespread adoption of ALY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ALY/ALL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ALY/ALL.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ALY/ALL. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of ALLY and adjust their investment strategies accordingly in the evolving market.

ALLY price prediction

What will the price of ALY be in 2026?

Based on ALY's historical price performance prediction model, the price of ALY is projected to reach $0.0001357 in 2026.

What will the price of ALY be in 2031?

In 2031, the ALY price is expected to change by +25.00%. By the end of 2031, the ALY price is projected to reach $0.0002402, with a cumulative ROI of +118.55%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between ALLY and ALL.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as ALLY and ALL. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of ALLY in ALL, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.