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Banknotes issued by the State Bank of Albania
from 1945 to 1992
Banknotes issued in 1945
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20 Gold Francs, 1945
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Banknote of 1926, considered issue of 1945 with the stamp of 1945.
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20 Francs, 1945
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Banknote of 1939, considered issue of 1945 with the stamp of 1945.
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100 Francs, 1945
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Banknote of 1939, considered issue of 1945 with the stamp of 1945.
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Cheques issued by the National Bank of Albania during 1945
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100 Gold Fr., 1945
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Cheque, issue of 1943, considered issue of 1945 with the stamp of 1945.
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200 Gold Fr., 1945
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Cheque, issue of 1943, considered issue of 1945 with the stamp of 1945.
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500 Gold Fr., 1945
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Cheque, issue of 1943, considered issue of 1945 with the stamp of 1945.
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1000 Gold Fr., 1945
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Cheque, issue of 1943, considered issue of 1945 with the stamp of 1945.
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2000 Gold Fr., 1945
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Cheque, issue of 1943, considered issue of 1945 with the stamp of 1945.
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5000 Gold Fr., 1945
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Cheque, issue of 1943, considered issue of 1945 with the stamp of 1945.
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20 Alb. Fr., 1945
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Cheque, issue of 1944, considered issue of 1945 with the stamp of 1945.
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100 Alb. Fr., 1945
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Cheque, issue of 1944, considered issue of 1945 with the stamp of 1945.
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100 Gold Fr., 1945
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Cheque, issue of 1945.
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200 Gold Fr., 1945
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Cheque, issue of 1945.
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500 Francs, 1945
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Cheque, issue of 1945.
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200 Alb. Fr., 1945
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Cheque, issue of 1945.
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100 Alb. Fr., 1945
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Cheque, issue of 1945.
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200 Alb. Fr., 1945
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Cheque, issue of 1945.
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The first banknotes issued by the State Bank of Albania
In 1945 all banknotes stamped by the State Bank of Albania and all cheques (stamped and new issues) were withdrawn from circulation.
In July 1946 the monetary reform was carried out. This reform lasted 10 days and upon the Decree No. 94, pursuant to the Decree No. 265, dated 11.07.1946, "On the exchange of banknotes and cheques issued by the National Bank of Albania and surcharged by the State Bank of Albania and cheques issued by the State Bank of Albania", the new ratio of banknotes exchange was set as follows:
5 old Francs (issued from 1925 to 1944) = 1 new Franc, issue of 1945
Upon this action carried out by the State Bank of Albania, only notes denominated in Franc 5, 20, 50 and 500, issued in 1945, remained in circulation.
Banknotes issued in 1947
Banknotes denominated in "Lek" replaced the "Franc" ones, issued by the State Bank of Albania. Upon the Decree No. 445, dated 07.07.1947 "On withdrawing from circulation banknotes denominated in "Franc" and the issuing of a new issue", Lek replaced Franc as the currency base unit. The new exchange ratio of banknotes was 1 Franc of 1945 issue = 9 Lek of 1947 issue.
Upon this action carried out by the State Bank of Albania, only banknotes of "Lek" denomination were in circulation.
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10 Lekė, 1947
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50 Lekė, 1947
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100 Lekė, 1947
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500 Lekė, 1947
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1000 Lekė, 1947
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Banknotes issued in 1949
New issue, year 1949. Its exchange ratio to the old issue remained unchanged. It was
reprinted in 1957 with the same features.
Banknotes issued in 1964
New issue, riprinted in 1964 with the same features. Upon the Decree No. 4028, dated 14.07.1965 "On the exchange of currency", published in the Official Gazette No. 183, the exchange ratio between the old "Lek" and the new "Lek" was set as follows:
10 Lekė of 1947, 1949 and 1957 = 1 Lek of 1964 and 1 Lek currency = 100 cents currency
Banknotes issued in 1991
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100 Lekė, 1991
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New issue.
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Banknotes issued in 1992
Banknotes denominated "Lek-Valute", issue of 1992, were called 'banknotes of emergency', as they were printed due to the pressing demand of economy for cash. They had the corresponding countervalue: denomination 10 "Lek Valute" = 500 Lekė and 50 "Lek Valute" = 2500 Lekė.
These banknotes were in circulation for only one year and they were replaced with the new issue of 1992, while 1 Lek Valute denomination note was printed but not put in circulation.
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1 Lek Valute year 1992
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