Convert Albanian Lek to Zambian Kwacha
Convert Albanian Lek (ALL) to Zambian Kwacha (ZMW) 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 Zambian Kwacha
The Zambian Kwacha (ZMW), meaning "dawn" or "freedom" in Nyanja, was redenominated in January 2013 at a rate of 1,000 old kwacha (ZMK) to 1 new kwacha (ZMW), eliminating the large denominations that had accumulated from years of inflation. The Bank of Zambia manages monetary policy. Zambia is Africa's second largest copper producer and copper accounts for the bulk of its export revenues, making the kwacha highly sensitive to global copper prices. Zambia became the first African nation to default on its debt in the post-pandemic era in 2020, and completed a debt restructuring process in 2023.
Quick Reference Table
| Albanian Lek (ALL) | Zambian Kwacha (ZMW) |
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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).