Convert Moroccan Dirham to Albanian Lek
Please provide values below to convert Moroccan Dirham [MAD] to Albanian Lek [ALL], or Convert Albanian Lek to Moroccan Dirham.
How to Convert Moroccan Dirham to Albanian Lek
1 MAD = 0.108017981613093 ALL
Example: convert 15 MAD to ALL:
15 MAD = 15 × 0.108017981613093 ALL = 1.6202697241964 ALL
Moroccan Dirham to Albanian Lek Conversion Table
| Moroccan Dirham | Albanian Lek |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.