U.S. dollar reaches lowest level to Albanian lek in 12 years

TIRANA, Aug. 8 – The U.S. dollar reached Tuesday the lowest rate with the lek in the last 12 years with 95 leks per one dollar. The same rate has been seen in Albania in 1994, according to the central Bank of Albania statistics. The main reason for that fall was the international market (1 euro = 1.289$) and the entrance of much euro from the immigrants at this summer time. From the other side the interest for the dollar continues to fall due to the increase of economic trade with euro-based countries, according to experts, who add that the lek is not showing its real value to the euro. Dollar’s highest peak has been during 1998-2002 when it was rated with 145 leks.
Following is a table of the Bank of Albania for the dollar-lek exchange rate from 1993:
Years $1=leks
1993 102.06
1994 94.68
1995 92.79
1996 104.5
1997 148.93
1998 150.66
1999 137.69
2000 143.71
2001 143.48
2002 140.19
2003 121.84
2004 102.70
2005 101.54
2006 (8 Aug) 95
Euro exchange rate with the lek since its came out in 1999
Year 1 euro=leks
1999 146.96
2000 132.58
2001 128.47
2002 132.26
2003 137.51
2004 127.67
2005 128.92
2006 (Aug. 8) 120