Albania
Money in Albania
1 USD = 110,1 ALL [23.09.2019]
The lek is the official currency of Albania. It is subdivided into 100 qindarka (singular qindarkë), although qindarka are no longer issued.
The lek was introduced as the first Albanian currency in February 1926.
Lek (ALL; symbol Lek). Notes are in denominations of Lek5,000, 1,000, 500, 200 and 100. Coins are in denominations of Lek100, 50, 20, 10 and 5.
Political structure of Albania
Politics of Albania takes place in a framework of a parliamentary representative democracy is the head of government, and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and parliament, the Assembly of the Republic of Albania (Kuvendi i Republikës së Shqipërisë). Since 1991, the introduction of pluralism, the party system is dominated by the Democratic Party of Albania and the (post-communist) Socialist Party of Albania.
Tirana is the capital of Albania
Tirana is the capital and the largest city of Albania. Modern Tirana was founded as an Ottoman town in 1614 by Sulejman Bargjini, a local ruler from Mullet, although the area has been continuously inhabited since antiquity. Tirana became Albania's capital city in 1920 and has a population of over 600,000. The city is home to many universities and is the center of the political, economical, and cultural life of the country.