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IOTA to Albanian Lek Converter and calculator

Convert 1IOTA (IOTA) to Albanian Lek (ALL) equals L 19.24 | 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 IOTA(IOTA) to Albanian Lek(ALL). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 19.24 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 IOTA currency pair is the IOTA to ALL, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ALL.

IOTA to ALL conversion rate trend

1D7D1M3M1YAll
In the past 1D, IOTA has changed -2.26% to ALL. Based on the trend and price charts, IOTA(IOTA) has changed -2.26% to ALL while Albanian Lek(ALL) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L19.24
0.0001% / 0.0004%vip-iconVIP
Binance
L19.2
0.1000% / 0.1000%
Yes
OKX
L19.2
0.080% / 0.100%
Yes
Huobi
L22.32
0.1000% / 0.1000%
Yes
Gate.io
L19.22
0.1000% / 0.1000%
Yes
KuCoin
L19.21
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 08:00:15(UTC+0)

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

IOTA to Albanian Lek is rising this week.
IOTA's current market price is L 19.24 per IOTA, with a total market cap of L 62,878,835,984.17 ALL based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by +66.09% (L 519,323,928.35 ALL) in the last 24 hours. Last trading day, IOTA's trading volume was L 785,813,828.88.
Market cap
$681.04M
24h volume
$14.14M
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is decreasing.
1 IOTA is currently valued at L 19.24 ALL , which means buying 5 IOTA will cost L 96.21 ALL . Similarly, L1 ALL can be traded for 0.05197 IOTA, and L50 ALL can be converted to 2.6 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Albanian Lek has changed by +0.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.26%, reaching a high of 19.78 ALL and a low of 18.67 ALL . One month ago, the value of 1 IOTA was L 21.08 ALL , which represents a -8.74% change from its current value. Over the last year, IOTA has changed by
+L
2.81ALL
, resulting in a change of +17.09% in its value.

IOTA to ALL

Amount
08:50 am today
0.5 IOTA
L9.62
1 IOTA
L19.24
5 IOTA
L96.21
10 IOTA
L192.42
50 IOTA
L962.1
100 IOTA
L1,924.21
500 IOTA
L9,621.03
1000 IOTA
L19,242.06

ALL to IOTA

Amount08:50 am today
0.5ALL0.02598  IOTA
1ALL0.05197  IOTA
5ALL0.2598  IOTA
10ALL0.5197  IOTA
50ALL2.6  IOTA
100ALL5.2  IOTA
500ALL25.98  IOTA
1000ALL51.97  IOTA
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Today vs. 24 hours ago

Amount08:50 am today24 hours ago24h change
0.5 IOTA$0.1042$0.1066
-2.26%
1 IOTA$0.2084$0.2132
-2.26%
5 IOTA$1.04$1.07
-2.26%
10 IOTA$2.08$2.13
-2.26%
50 IOTA$10.42$10.66
-2.26%
100 IOTA$20.84$21.32
-2.26%
500 IOTA$104.21$106.61
-2.26%
1000 IOTA$208.41$213.23
-2.26%

Today vs. 1 month ago

Amount08:50 am today1 month ago1M change
0.5 IOTA$0.1042$0.1142
-8.74%
1 IOTA$0.2084$0.2284
-8.74%
5 IOTA$1.04$1.14
-8.74%
10 IOTA$2.08$2.28
-8.74%
50 IOTA$10.42$11.42
-8.74%
100 IOTA$20.84$22.84
-8.74%
500 IOTA$104.21$114.19
-8.74%
1000 IOTA$208.41$228.37
-8.74%
Buy IOTA for 1 ALL
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Today vs. 1 year ago

Amount08:50 am today1 year ago1Y change
0.5 IOTA$0.1042$0.08900
+17.09%
1 IOTA$0.2084$0.1780
+17.09%
5 IOTA$1.04$0.8900
+17.09%
10 IOTA$2.08$1.78
+17.09%
50 IOTA$10.42$8.9
+17.09%
100 IOTA$20.84$17.8
+17.09%
500 IOTA$104.21$89
+17.09%
1000 IOTA$208.41$178
+17.09%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.3307 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by +9.00%. By the end of 2030, the IOTA price is projected to reach $0.4385, with a cumulative ROI of +110.39%.
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