Convert Albanian Lek to Ghanaian Cedi
Convert Albanian Lek (ALL) to Ghanaian Cedi (GHS) using daily updated exchange rates.
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Exchange Rate
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About Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, with a history dating back to 1926. The name "lek" is believed to derive from a shortened form of "Aleksander", referring to Alexander the Great, who is celebrated in Albanian culture. Albania is a candidate for European Union membership, and the lek may eventually be replaced by the Euro upon accession. The Bank of Albania issues the lek, which is divided into 100 qindarka. Albania's economy is transitioning from a communist system to a market economy, and the lek has gradually stabilised over the past two decades.
About Ghanaian Cedi
The Ghanaian Cedi (GHS) was reintroduced in July 2007, replacing the old cedi at a rate of 10,000 old cedis to 1 new cedi, simplifying transactions and improving monetary management. Ghana was one of the first African countries to adopt a redenomination to address accumulated inflation. The Bank of Ghana manages monetary policy. Ghana is one of Africa's leading economies with significant exports of gold (the country's name historically derives from an ancient gold-trading empire), cocoa, oil, and timber.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).