Convert Albanian Lek to Serbian Dinar
Convert Albanian Lek (ALL) to Serbian Dinar (RSD) 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 Serbian Dinar
The Serbian Dinar (RSD) has been Serbia's official currency since 2003, when the Yugoslav dinar was replaced following the dissolution of the Federal Republic of Yugoslavia. The National Bank of Serbia manages monetary policy with a managed float regime where the dinar is de facto stable against the Euro. Serbia is a candidate for EU membership and its economy is closely integrated with the EU trade bloc. Major industries include automotive manufacturing (Fiat Chrysler), chemicals, banking, and agriculture. Belgrade has grown as a regional financial and technology hub.
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).