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PRL to ALL Converter and calculator

PRL/ALL: 1 PRL = 0.04865 ALL. The price of converting 1 The Parallel (PRL) to Albanian Lek (ALL) is 0.04865 ALL today.
PRL
PRL
ALL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRL to ALL real-time exchange rates, making it easy to convert The Parallel (PRL) to Albanian Lek (ALL). The conversion result is based on real-time data. The conversion result shows that 1 PRL is currently valued at 0.05 ALL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRL is currently valued at 0.05 ALL, which means buying 5 PRL would cost 0.24 ALL. Similarly, L1 ALL can be converted to 20.55 PRL, and L50 ALL can be converted to 102.77 PRL, excluding any platform or gas fees.

Convert PRL to ALL

Convert ALL to PRL

The Parallel
Albanian Lek
10000 PRL
486.53  ALL
In the table above, you'll find a comprehensive PRL to ALL converter that shows the value of The Parallel in Albanian Lek across commonly used conversion amounts. The list covers conversions from 1 PRL to ALL, all the way up to 10000 PRL, providing a clear view of their respective values.
Albanian Lek
The Parallel
5000 ALL
102,769.37 PRL
10000 ALL
205,538.74 PRL
50000 ALL
1,027,693.69 PRL
100000 ALL
2,055,387.39 PRL
In the table above, you'll find a comprehensive ALL to PRL converter that shows the value of Albanian Lek in The Parallel across commonly used conversion amounts. The list covers conversions from 1 ALL to PRL, all the way up to 100000 ALL, providing a clear view of their respective values.

PRL to ALL chart

PRL/ALL: 1 PRL = 0.04865 ALL; 2025/05/01 08:19:32
In the past 1D, The Parallel has changed +0.00% to ALL. Based on the trend and price charts, The Parallel(PRL) has changed +0.00% to ALL while Albanian Lek(ALL) has changed % to PRL in the last 24 hours.
1D7D1M3M1YAll

PRL to ALL conversion data: Volatility and price changes of The Parallel in ALL

The highest The Parallel price in ALL over the past 7 days was 0.04878 ALL while the lowest The Parallel price in ALL over the past 7 days was 0.04848 ALL. The relative change between the highs and lows in The Parallel price in ALL over the last 7 days indicates a volatility of %. You can view additional volatility data and PRL to ALL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.04865 ALL
0.04878 ALL
0.04920 ALL
0.05021 ALL
Low
0.04859 ALL
0.04848 ALL
0.04848 ALL
0.04848 ALL
Average
0 ALL
0 ALL
0 ALL
0 ALL
Volatility
%
%
%
%
Change
+0.00%
+0.28%
-1.11%
-1.32%

The Parallel information

PRL to ALL market statistics

PRL/ALL:
L0.04865
PRL 24h volume:
--
PRL market cap:
--
PRL circulating supply:
0 PRL

Current PRL to ALL exchange rate

The Parallel to Albanian Lek is rising this week.
The Parallel's current market price is L0.04865 per PRL, with a total market cap of L0 ALL based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by 0.00% (L0 ALL) in the last 24 hours. Last trading day, PRL's trading volume was L0.

More info about The Parallel on Bitget

Albanian Lek information

About the Albanian Lek (ALL)

What Is the Albanian Lek (ALL)?

The Albanian Lek (ALL), the national currency of Albania, plays a pivotal role in the country's economy. Represented by the ISO code ALL and symbolized as L, the Lek is subdivided into 100 qindarka, although qindarka coins are no longer in circulation due to their low value. The Albanian Lek is the sole legal tender in Albania, and it is used for all transactions within the country.

The Albanian Lek is issued by the Bank of Albania, which is the central bank of Albania. The Bank of Albania is responsible for the design, production, and distribution of the currency, as well as for implementing monetary policy and maintaining financial stability in the country. The issuance of the Lek is a key part of the bank's role in managing Albania's financial system.

What Is the History of ALL?

The Albanian Lek, introduced in 1926, has a rich history that mirrors the economic and political journey of Albania itself. Named in honor of Alexander the Great, the Lek replaced the Albanian Franc, marking a significant step in establishing Albania's monetary independence. Over the decades, the Lek has undergone several transformations, including changes in its denominations and design, each reflecting Albania's cultural heritage and its evolving political landscape.

Notes and Coins of ALL

The Albanian Lek is circulated in a variety of notes and coins, each denoting different values to facilitate a range of transactions. The banknotes include denominations of 200, 500, 1000, 2000, and 5000 Lekë, each uniquely designed with intricate patterns and images reflecting Albania's rich history and culture. The coins, although less commonly used due to their lower value, come in denominations of 1, 5, 10, 20, 50, and 100 Lekë. These coins are made of different metals and sizes, making them easily distinguishable.

Exchange Rates and Value

The value of the Lek has seen fluctuations over the years, influenced by various economic factors including inflation, political stability, and global economic conditions. The exchange rate of the Lek against major currencies like the Euro and the US Dollar is a critical indicator of Albania's economic health.

Like many countries, Albania has faced economic challenges, and these have impacted the value of the Lek. Economic reforms, fluctuations in global markets, and internal political stability are key factors influencing the strength and stability of the Lek.

Is ALL Pegged to EUR?

The Albanian Lek is not pegged to the Euro. The Lek operates under a floating exchange rate system, where its value is determined by market forces such as supply and demand in the foreign exchange market. This means that the exchange rate of the Lek against the Euro and other currencies can fluctuate based on economic conditions, market sentiment, and other factors. While Albania has expressed aspirations to join the European Union, which might eventually lead to the adoption of the Euro, as of January 2024, this transition had not yet occurred.

Is ALL a Stable Currency?

The stability of the Albanian Lek, like many currencies, is subject to various economic factors and can fluctuate based on domestic and international economic conditions. Historically, the Lek has experienced periods of both stability and volatility. For instance, in recent years, the Lek has shown relative stability against major currencies like the Euro and the US Dollar, with moderate fluctuations in its exchange rate. However, it's important to note that factors such as Albania's economic reforms, inflation rates, and political climate can impact the Lek's stability

Bitget crypto-to-fiat exchange data shows that the most popular The Parallel currency pair is the PRL to ALL, with for The Parallel's currency code being PRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ALL.

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How to convert PRL to ALL

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PRL to ALL Conversion tables

The exchange rate of The Parallel is decreasing.
The exchange rate of 1 PRL to Albanian Lek has changed by +0.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.04865 ALL and a low of 0.04859 ALL . One month ago, the value of 1 PRL was L0.04920 ALL , which represents a -1.11% change from its current value. Over the last year, The Parallel has changed by
-L
0.01337ALL
, resulting in a change of -21.56% in its value.
24 hours ago1 month ago1 year ago
Amount08:19 am today24 hours ago24h change
0.5 PRLL0.02433L0.02433
+0.00%
1 PRLL0.04865L0.04865
+0.00%
5 PRLL0.2433L0.2433
+0.00%
10 PRLL0.4865L0.4865
+0.00%
50 PRLL2.43L2.43
+0.00%
100 PRLL4.87L4.87
+0.00%
500 PRLL24.33L24.33
+0.00%
1000 PRLL48.65L48.65
+0.00%

PRL to ALL FAQ

How much is 1 The Parallel in ALL?
Right now, the price of 1 The Parallel (PRL) in Albanian Lek (ALL) is L0.04865.
How much PRL can I buy for 1 ALL?
Based on the current exchange rate, you can get 20.55 PRL for 1 ALL.
How do I calculate or convert PRL to ALL?
You can use our PRL to ALL calculator at the top of this page to convert any amount of PRL to ALL. We've also included quick-reference tables for the most popular conversions. For example, 5 ALL is equivalent to 102.77 PRL, while 5 PRL will cost around 0.2433ALL.
What is the highest price of PRL/ALL in history?
The all-time high price of 1 PRL in ALL is L63.1. It remains to be seen if the value of 1 PRL/ALL will exceed the current all-time high.
What is the price trend of The Parallel in ALL?
Over the past 7 days, the exchange rate of The Parallel (PRL) has gone up by 0.28%.   Over the last month, the exchange rate of The Parallel (PRL) has gone down by 1.11% against Albanian Lek (ALL).

What factors influence the conversion rate of PRL to ALL?

There are many factors that affect the relationship between The Parallel and Albanian Lek, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PRL/ALL. When there is positive news in the market about the widespread adoption of PRL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRL/ALL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRL/ALL.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PRL/ALL. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of The Parallel and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.