Convert Albanian Lek to Jamaican Dollar
Convert Albanian Lek (ALL) to Jamaican Dollar (JMD) 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 Jamaican Dollar
The Jamaican Dollar (JMD) has been the official currency of Jamaica since 1969, replacing the Jamaican pound following decimalisation. The Bank of Jamaica manages monetary policy with a floating exchange rate, and the JMD has depreciated steadily over the decades relative to major currencies. Jamaica's economy depends heavily on tourism, bauxite and alumina exports, and remittances from the large Jamaican diaspora in the United States, United Kingdom, and Canada. The dollar is divided into 100 cents.
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).