Convert Norwegian Krone to Albanian Lek
Convert Norwegian Krone (NOK) to Albanian Lek (ALL) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway and is managed by Norges Bank with an inflation-targeting floating exchange rate regime. Norway is one of the world's wealthiest countries, with a massive sovereign wealth fund - the Government Pension Fund Global, the world's largest sovereign wealth fund at over one trillion US Dollars - built from North Sea oil revenues. This "oil fund" provides a financial buffer against commodity price cycles. Norway is not an EU member but participates in the European Economic Area.
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.
Quick Reference Table
| Norwegian Krone (NOK) | Albanian Lek (ALL) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).