Today's exchange rate

Frequently asked questions

Where does this exchange rate come from?

From the Bank of Albania, which publishes the official rate every working day. This page reads the same source we use for invoices in foreign currency, so the figure you see here is the one that applies.

How often is it updated?

The rate is fetched automatically several times a day and the page always shows the date it was published. If that date looks old, the Bank of Albania has not published a new rate yet, usually because it is a weekend or a public holiday.

Which rate should I use for my invoice?

Invoices in foreign currency use the official Bank of Albania rate for the date of the transaction. That is why the date matters, not just the figure: an invoice dated yesterday uses the rate published for yesterday.

Is this the rate my own bank gives me?

Not necessarily. Commercial banks and exchange offices apply their own buying and selling rates, which differ from the official one. The official rate is used for accounting and tax purposes, not as a market price.

How does the software handle an invoice in euro?

The invoice keeps its value in its own currency along with the rate for that day, while reporting to the central system is done in lek. The rate is fetched automatically, so you do not need to type it in or look it up elsewhere.

How should I read a currency rate?

The number shows how many lek one unit of the foreign currency is worth. For example, if the euro shows 92, one euro trades for 92 lek. A few low-value currencies (like the Japanese yen) are an exception: the Bank of Albania quotes them per 100 units, not per one. If you see an unusually low rate for one of those, it applies to 100 units of that currency, not one.