Turkmenistani Manat in Albanian lek

TMT Turkmenistani Manat

Country of application:
Turkmenistan

Coin denominations in circulation:
2 and 1 manat, as well as 50, 20, 10, 5, 2 and 1 tenge.

Denominations of banknotes in circulation:
500, 100, 50, 20, 10, 5 and 1 manat.

History reference:
Manat is the monetary unit (national currency) of Turkmenistan. The manat was put into circulation on November 1, 1993. Until that time, since the declaration of independence, Soviet and Russian rubl...es were in circulation in Turkmenistan as a means of payment. The exchange of rubles for manats was carried out in the ratio: 1 manat = 500 rubles, maximum one adult citizen of Turkmenistan could receive up to 60 manats. On November 1, 1993, a new monetary unit, the manat, was put into circulation. All banknotes had the image of Saparmurat Niyazov, the former president of the republic. In January 2009, the government of Turkmenistan carried out a denomination in the proportion of 1 manat of the new model = 5,000 manat of the old model.

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.