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EGO to Albanian Lek Converter and calculator

Convert 1EGO (EGO) to Albanian Lek (ALL) equals L 3.68 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of EGO(EGO) to Albanian Lek(ALL). This is the real-time data. The current conversion shows 1 EGO at a value of 1 EGO for 3.68 ALL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

ALL information

About the Albanian Lek (ALL)

What Is the Albanian Lek (ALL)?

The Albanian Lek (ALL), the national currency of Albania, plays a pivotal role in the country's economy. Represented by the ISO code ALL and symbolized as L, the Lek is subdivided into 100 qindarka, although qindarka coins are no longer in circulation due to their low value. The Albanian Lek is the sole legal tender in Albania, and it is used for all transactions within the country.

The Albanian Lek is issued by the Bank of Albania, which is the central bank of Albania. The Bank of Albania is responsible for the design, production, and distribution of the currency, as well as for implementing monetary policy and maintaining financial stability in the country. The issuance of the Lek is a key part of the bank's role in managing Albania's financial system.

What Is the History of ALL?

The Albanian Lek, introduced in 1926, has a rich history that mirrors the economic and political journey of Albania itself. Named in honor of Alexander the Great, the Lek replaced the Albanian Franc, marking a significant step in establishing Albania's monetary independence. Over the decades, the Lek has undergone several transformations, including changes in its denominations and design, each reflecting Albania's cultural heritage and its evolving political landscape.

Notes and Coins of ALL

The Albanian Lek is circulated in a variety of notes and coins, each denoting different values to facilitate a range of transactions. The banknotes include denominations of 200, 500, 1000, 2000, and 5000 Lekë, each uniquely designed with intricate patterns and images reflecting Albania's rich history and culture. The coins, although less commonly used due to their lower value, come in denominations of 1, 5, 10, 20, 50, and 100 Lekë. These coins are made of different metals and sizes, making them easily distinguishable.

Exchange Rates and Value

The value of the Lek has seen fluctuations over the years, influenced by various economic factors including inflation, political stability, and global economic conditions. The exchange rate of the Lek against major currencies like the Euro and the US Dollar is a critical indicator of Albania's economic health.

Like many countries, Albania has faced economic challenges, and these have impacted the value of the Lek. Economic reforms, fluctuations in global markets, and internal political stability are key factors influencing the strength and stability of the Lek.

Is ALL Pegged to EUR?

The Albanian Lek is not pegged to the Euro. The Lek operates under a floating exchange rate system, where its value is determined by market forces such as supply and demand in the foreign exchange market. This means that the exchange rate of the Lek against the Euro and other currencies can fluctuate based on economic conditions, market sentiment, and other factors. While Albania has expressed aspirations to join the European Union, which might eventually lead to the adoption of the Euro, as of January 2024, this transition had not yet occurred.

Is ALL a Stable Currency?

The stability of the Albanian Lek, like many currencies, is subject to various economic factors and can fluctuate based on domestic and international economic conditions. Historically, the Lek has experienced periods of both stability and volatility. For instance, in recent years, the Lek has shown relative stability against major currencies like the Euro and the US Dollar, with moderate fluctuations in its exchange rate. However, it's important to note that factors such as Albania's economic reforms, inflation rates, and political climate can impact the Lek's stability

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Bitget crypto-to-fiat exchange data shows that the most popular EGO currency pair is the EGO to ALL, with for EGO's currency code being EGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ALL.

EGO to ALL conversion rate trend

1D7D1M3M1YAll
In the past 1D, EGO has changed -5.72% to ALL. Based on the trend and price charts, EGO(EGO) has changed -5.72% to ALL while Albanian Lek(ALL) has changed % to EGO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L3.7
0.0001% / 0.0004%vip-iconVIP
Bybit
L3.7
0.1000% / 0.1000%
Yes
KuCoin
L3.69
0.1000% / 0.1000%
Yes
Last updated 2024/05/27 11:00:19(UTC+0)

How to buy EGO

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What factors influence the conversion rate of EGO to Albanian Lek?

EGO to Albanian Lek is falling this week.
EGO's current market price is L 3.68 per EGO, with a total market cap of L 208,067,680.87 ALL based on a circulating supply of 56,608,820 EGO. The trading volume of EGO has changed by -21.06% (L -35,991,991.41 ALL) in the last 24 hours. Last trading day, EGO's trading volume was L 170,922,433.37.
Market cap
$2.25M
24h volume
$1.46M
Circulating supply
56.61M EGO

Conversion tables

The exchange rate of EGO is decreasing.
1 EGO is currently valued at L 3.68 ALL , which means buying 5 EGO will cost L 18.38 ALL . Similarly, L1 ALL can be traded for 0.2721 EGO, and L50 ALL can be converted to 13.6 EGO, excluding any platform or gas fees.
The exchange rate of 1 EGO to Albanian Lek has changed by -2.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.72%, reaching a high of 3.9 ALL and a low of 3.67 ALL . One month ago, the value of 1 EGO was L 4.29 ALL , which represents a -14.37% change from its current value. Over the last year, EGO has changed by
+L
3.67ALL
, resulting in a change of --% in its value.

EGO to ALL

Amount
11:59 am today
0.5 EGO
L1.84
1 EGO
L3.68
5 EGO
L18.38
10 EGO
L36.76
50 EGO
L183.78
100 EGO
L367.55
500 EGO
L1,837.77
1000 EGO
L3,675.53

ALL to EGO

Amount11:59 am today
0.5ALL0.1360  EGO
1ALL0.2721  EGO
5ALL1.36  EGO
10ALL2.72  EGO
50ALL13.6  EGO
100ALL27.21  EGO
500ALL136.03  EGO
1000ALL272.07  EGO
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Today vs. 24 hours ago

Amount11:59 am today24 hours ago24h change
0.5 EGO$0.01986$0.02106
-5.72%
1 EGO$0.03972$0.04212
-5.72%
5 EGO$0.1986$0.2106
-5.72%
10 EGO$0.3972$0.4212
-5.72%
50 EGO$1.99$2.11
-5.72%
100 EGO$3.97$4.21
-5.72%
500 EGO$19.86$21.06
-5.72%
1000 EGO$39.72$42.12
-5.72%

Today vs. 1 month ago

Amount11:59 am today1 month ago1M change
0.5 EGO$0.01986$0.02319
-14.37%
1 EGO$0.03972$0.04637
-14.37%
5 EGO$0.1986$0.2319
-14.37%
10 EGO$0.3972$0.4637
-14.37%
50 EGO$1.99$2.32
-14.37%
100 EGO$3.97$4.64
-14.37%
500 EGO$19.86$23.19
-14.37%
1000 EGO$39.72$46.37
-14.37%
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Today vs. 1 year ago

Amount11:59 am today1 year ago1Y change
0.5 EGO$0.01986$0.{4}2268
--
1 EGO$0.03972$0.{4}4536
--
5 EGO$0.1986$0.0002268
--
10 EGO$0.3972$0.0004536
--
50 EGO$1.99$0.002268
--
100 EGO$3.97$0.004536
--
500 EGO$19.86$0.02268
--
1000 EGO$39.72$0.04536
--

EGO price prediction

What will the price of EGO be in 2025?

Based on EGO's historical price performance prediction model, the price of EGO is projected to reach $0.04381 in 2025.

What will the price of EGO be in 2030?

In 2030, the EGO price is expected to rise by -3.00%. By the end of 2030, the EGO price is projected to reach $0.1047, with a cumulative ROI of +163.70%.
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