Convert Malaysian Ringgit to Albanian Lek
Please provide values below to convert Malaysian Ringgit [MYR] to Albanian Lek [ALL], or Convert Albanian Lek to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Albanian Lek
1 MYR = 0.0507384620180991 ALL
Example: convert 15 MYR to ALL:
15 MYR = 15 × 0.0507384620180991 ALL = 0.761076930271487 ALL
Malaysian Ringgit to Albanian Lek Conversion Table
| Malaysian Ringgit | Albanian Lek |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.