The Albanian coin features the flag of the People’s Republic of Albania and a double-headed eagle surrounded by the emblem of the country. The obverse also features the Tosk and Standard Albanian names of Albania engraved clockwise along the rim. On the reverse, a pentagon with a five-pointed star in the center occupies the remaining space. The obverse is undated.
The 5 qindarke coin was issued by the State Bank of Albania from 1965 to 1988. It was one of the last coin series to be produced during communist times. It was a commemoration of the liberation of the country from the Axis powers. The face value of the coin was 0.05 lek.
The third lek series of Albanian coin was introduced in 1995 and 1996, with denominations of 1, 5, 10, and 50 leke. These coins were later discontinued and replaced by the new zinc ones with the socialist national crest. They also carry a picture of the Illyrian King Genti and the bust of Queen Teuta.
The first 1 lek coin was issued in 1926. The name lek was inspired by Alexander the Great, whose portrait appeared on the obverse of the coin. Its other name, qind, was derived from the name of the Albanian feudal Leke Dukagjini. The name Franga was also used for Albanian gold currency, and Belga was the unit of five Belgian francs.
The Albanian coin lek is the official currency of Albania. It is represented in the foreign exchange market by the symbol L. The lek is a symbol of Alexander the Great, and the currency has three denominations – 1, 5, 10, and 50 lek. In 2000, a 100 lek coin was introduced.
The National Bank of Albania introduced notes in 1926 and issued notes of Fr.A. 1 and Fr.A.5. Later, the country adopted the People’s Socialist Republic as its official name. In 2008, the country introduced the 2000 lek note. These notes were also issued in denominations of 100 lek.
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