Convert Philippine Peso to Albanian Lek
Please provide values below to convert Philippine Peso [PHP] to Albanian Lek [ALL], or Convert Albanian Lek to Philippine Peso.
How to Convert Philippine Peso to Albanian Lek
1 PHP = 0.682791682604624 ALL
Example: convert 15 PHP to ALL:
15 PHP = 15 × 0.682791682604624 ALL = 10.2418752390694 ALL
Philippine Peso to Albanian Lek Conversion Table
| Philippine Peso | Albanian Lek |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.