Exchange Rate in Albania

Albania Exchange Rate | Economic News & Forecasts

Albania - Exchange Rate

Economic growth inched lower in the second quarter to 2.3% year-on-year from 2.4% in the first quarter, owing to contracting fixed investment. Nevertheless, public and private consumption strengthened, with households benefiting from stable inflationary pressures and cheap credit conditions, while the currency appreciated somewhat. Moreover, growth in exports of goods and services accelerated markedly in Q2; however, this was mainly due to a strong tourism sector as tourist arrivals grew at a robust rate, while exports of goods nosedived. Turning to the third quarter, data is thus far mixed: A severe drought continued to hamstring electricity generation, although tourist arrivals remained upbeat in July–August. Meanwhile, hopes of starting EU accession talks soon were dashed in mid-October amid French, Dutch and Danish opposition.

Albania - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)102.2  115.7  126.1  128.3  110.8  

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Albania Exchange Rate Chart

Albania Exchange Rate
Note: Exchange rate, ALL per USD (eop).

Albania Facts

Exchange Rate110.4-0.56 %Sep 04
Stock Market0.10.0 %Sep 04

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