Banknotes and coins issue is one of the most important functions of the Bank of Albania. The Albanian lek is the monetary unit circulating in the Republic of Albania. The Bank of Albania has the exclusive right to issue the national banknotes and coins, having legal tender in the Republic of Albania.
The Bank of Albania meets the demand of the economy for money by supplying it regularly with banknotes and coins. It determines the format, dimension, weight, design and other features of Albanian legal tender banknotes and coins, as well as banknotes and coins produced for numismatic purposes.
The Bank of Albania sequesters and confiscates counterfeit banknotes and coins. Also, it withdraws from circulation and replaces damaged or invalid banknotes and coins.