Albanian Lek to Panamanian Balboa | Bank

The Albanian Lek (ALL) is the official currency of Albania. It is used for transactions within the country. The Albanian Lek is divided into 100 qindarka. It is known for its stability and is used for trade and transactions within Albania.

The Panamanian Balboa (PAB) is the official currency of Panama. It has been pegged to the US dollar at a rate of 1:1 since its introduction in 1904. While Panama uses US dollar bills, they mint their own Balboa coins. The currency is named after the Spanish explorer Vasco Núñez de Balboa.