Albanian Money: Unveiling the Economic Landscape of the Balkan Gem πΆπ¦π±
Albanian Money: Unveiling the Economic Landscape of the Balkan Gem πΆπ¦π± Introduction: The Financial Pulse of Albania Nestled in the heart of the Balkans, Albania presents a fascinating economic narrative that goes far beyond its picturesque landscapes. Today, we'll dive deep into the world of Albanian money, exploring its history, current dynamics, and potential opportunities for savvy investors and curious minds. ππ‘ The Albanian Lek: More Than Just Currency Historical Context Introduced in 1925 Named after Alexander the Great (Lek = "Alexander") Symbolized as ALL Issued by Bank of Albania Currency Denominations Coins: 1, 5, 10, 20, 50, 100 Lek Banknotes: 200, 500, 1000, 2000, 5000 Lek Colorful designs reflecting Albanian culture and history Economic Landscape: Beyond the Surface π Transition and Growth Shifted from communist central planning to market economy Steady economic growth since the 1990s Growing tourism and service sectors Increasi...