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Polygon to Albanian Lek Converter and calculator

Convert 1Polygon (MATIC) to Albanian Lek (ALL) equals L 69.9 | 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 Polygon(MATIC) to Albanian Lek(ALL). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 69.90 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 Polygon currency pair is the MATIC to ALL, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ALL.

MATIC to ALL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed +9.14% to ALL. Based on the trend and price charts, Polygon(MATIC) has changed +9.14% to ALL while Albanian Lek(ALL) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
L69.64
0.0001% / 0.0004%vip-iconVIP
Binance
L69.82
0.1000% / 0.1000%
Yes
Coinbase Exchange
L69.78
0.1000% / 0.1000%
Yes
Kraken
L69.72
0.1000% / 0.1000%
Yes
OKX
L69.79
0.080% / 0.100%
Yes
Huobi
L69.73
0.1000% / 0.1000%
Yes
Gate.io
L69.81
0.1000% / 0.1000%
Yes
Bybit
L69.63
0.1000% / 0.1000%
Yes
KuCoin
L69.78
0.1000% / 0.1000%
Yes
Bitfinex
L69.76
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 20:00:35(UTC+0)

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

Polygon to Albanian Lek is rising this week.
Polygon's current market price is L 69.9 per MATIC, with a total market cap of L 691,649,206,061.18 ALL based on a circulating supply of 9,894,740,000 MATIC. The trading volume of Polygon has changed by -37.91% (L -14,721,248,057.95 ALL) in the last 24 hours. Last trading day, MATIC's trading volume was L 38,827,181,095.37.
Market cap
$7.29B
24h volume
$254.25M
Circulating supply
9.89B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at L 69.9 ALL , which means buying 5 MATIC will cost L 349.5 ALL . Similarly, L1 ALL can be traded for 0.01431 MATIC, and L50 ALL can be converted to 0.7153 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Albanian Lek has changed by +18.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.14%, reaching a high of 69.95 ALL and a low of 62.99 ALL . One month ago, the value of 1 MATIC was L 93.03 ALL , which represents a -24.86% change from its current value. Over the last year, Polygon has changed by
-L
26.03ALL
, resulting in a change of -27.13% in its value.

MATIC to ALL

Amount
20:08 today
0.5 MATIC
L34.95
1 MATIC
L69.9
5 MATIC
L349.5
10 MATIC
L699.01
50 MATIC
L3,495.04
100 MATIC
L6,990.07
500 MATIC
L34,950.35
1000 MATIC
L69,900.7

ALL to MATIC

Amount20:08 today
0.5ALL0.007153  MATIC
1ALL0.01431  MATIC
5ALL0.07153  MATIC
10ALL0.1431  MATIC
50ALL0.7153  MATIC
100ALL1.43  MATIC
500ALL7.15  MATIC
1000ALL14.31  MATIC
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Today vs. 24 hours ago

Amount20:08 today24 hours ago24h change
0.5 MATIC$0.3686$0.3377
+9.14%
1 MATIC$0.7373$0.6755
+9.14%
5 MATIC$3.69$3.38
+9.14%
10 MATIC$7.37$6.75
+9.14%
50 MATIC$36.86$33.77
+9.14%
100 MATIC$73.73$67.55
+9.14%
500 MATIC$368.63$337.74
+9.14%
1000 MATIC$737.25$675.48
+9.14%

Today vs. 1 month ago

Amount20:08 today1 month ago1M change
0.5 MATIC$0.3686$0.4906
-24.86%
1 MATIC$0.7373$0.9812
-24.86%
5 MATIC$3.69$4.91
-24.86%
10 MATIC$7.37$9.81
-24.86%
50 MATIC$36.86$49.06
-24.86%
100 MATIC$73.73$98.12
-24.86%
500 MATIC$368.63$490.58
-24.86%
1000 MATIC$737.25$981.16
-24.86%

Today vs. 1 year ago

Amount20:08 today1 year ago1Y change
0.5 MATIC$0.3686$0.5059
-27.13%
1 MATIC$0.7373$1.01
-27.13%
5 MATIC$3.69$5.06
-27.13%
10 MATIC$7.37$10.12
-27.13%
50 MATIC$36.86$50.59
-27.13%
100 MATIC$73.73$101.18
-27.13%
500 MATIC$368.63$505.89
-27.13%
1000 MATIC$737.25$1,011.78
-27.13%

FAQ

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