Convert Swiss Franc to Albanian Lek
Please provide values below to convert Swiss Franc [CHF] to Albanian Lek [ALL], or Convert Albanian Lek to Swiss Franc.
How to Convert Swiss Franc to Albanian Lek
1 CHF = 0.00953159792460817 ALL
Example: convert 15 CHF to ALL:
15 CHF = 15 × 0.00953159792460817 ALL = 0.142973968869123 ALL
Swiss Franc to Albanian Lek Conversion Table
| Swiss Franc | Albanian Lek |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency 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.