Convert Thai Baht to Albanian Lek
Convert Thai Baht (THB) to Albanian Lek (ALL) using daily updated exchange rates.
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Exchange Rate
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About Thai Baht
The Thai Baht (THB) is the official currency of Thailand, one of Southeast Asia's largest and most successful economies. The Bank of Thailand manages monetary policy with a managed float regime. Thailand is the world's second largest exporter of rice and a major producer of rubber, electronics, automobiles, and gems. Tourism is a critical economic sector - Thailand is among the world's top tourist destinations annually. The baht experienced a 40% devaluation in July 1997 that triggered the Asian Financial Crisis, spreading financial contagion across the region.
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
| Thai Baht (THB) | Albanian Lek (ALL) |
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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).