Albania is the country that uses a Lek as its official currency. The Lek is the monetary unit of Albania and has been used since 1926. It is represented by the symbol "L" and is subdivided into 100 smaller units called "qindarka".

The use of the Lek as Albania's currency dates back to the country's independence in 1912. Initially, the country used foreign currencies such as the Ottoman Turkish piastre and the Italian lira. However, in 1926, the Albanian government decided to introduce its own currency to establish economic independence.

The Lek has undergone several changes throughout its history. It went through a period of hyperinflation during the early 1990s due to the collapse of communism and the transition to a market economy. In 1992, the old Lek was replaced with a new currency at a rate of 1 new Lek for 10 old Leks. This was done to stabilize the economy and combat rampant inflation.

Currently, the Bank of Albania is responsible for issuing and managing the Lek. The bank ensures stability and monitors the currency's value in the market. The Lek is widely accepted across Albania, and it is used for all transactions, including everyday purchases, banking, and international trade.

For travelers visiting Albania, it is advisable to exchange their currency for Lek in order to have a hassle-free experience. Lek banknotes are available in various denominations, including 200, 500, 1000, 2000, and 5000 Lek. Coins are also in circulation, with values ranging from 1 to 100 Lek.

In conclusion, Albania is the country that uses the Lek as its official currency. The Lek has a rich history and has played a crucial role in the country's economic development. Whether you are a local resident or a tourist, the Lek is essential for conducting transactions and enjoying the vibrant culture and attractions of Albania.

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