Albanian lek in Georgian Lari

ALL Albanian lek

Country of application:
Albania

Coin denominations in circulation:
200, 500, 1000, 2000, 5000 Albanian leks.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100 Albanian lek.

History reference:
The lek is the monetary unit of Albania and has been in circulation since 1926 along with the Albanian franc. For a long time, Albania was part of the Great Ottoman Empire, and was not an independent... state. In 1912, the country declared its sovereignty, and after that announced the beginning of the war of liberation. After Albania finally acquired sovereignty, Austro-Hungarian, Italian, and also French banknotes are in circulation in the country. The Albanian franc appeared in 1926, when Albania became part of the Latin Monetary Union, and was able to provide the domestic currency with gold and silver. A lek was considered 1/5 of a gold franc. In 1965, a denomination was carried out in Albania. Old money was exchanged for new money at a ratio of 10:1, so that people of the past and the generation before last can quote ten times the real price. Not out of malice, but simply out of old habit. Although now, after more than half a century since the reform, this is becoming less and less common.

GEL Georgian Lari

Country of application:
Georgia

Coin denominations in circulation:
5, 10, 20, 50, 100 GEL.

Denominations of banknotes in circulation:
1, 2, 5, 10, 20, 50 tetri, 1, 2 lari.

History reference:
The single monetary unit used in internal and, in part, in external settlements of Georgia is the Georgian lari. The name of the currency comes from the Georgian word, which means "property" or "rese...rve" in Russian. Previously, before the collapse of the USSR and the separation of Georgia, the banknotes of the USSR, Soviet rubles, were used in calculations, then they were temporarily replaced by Georgian coupons. However, the use of coupons in Georgia lasted only 4 years - in 1995, by a decree of President Shevardnadze, the lari was introduced into circulation. The design of banknotes was entrusted by the Central Bank to European designers, in particular, French and Slovak craftsmen made their contribution. The currency of Georgia contains images of cultural figures and national heroes, and on the reverse, the reverse side of banknotes and coins, there are images of architectural and art monuments belonging to Georgia.