GBP/ALL
Market Open
12 Jun, 11:19
Lek
113. 02
+5.974641
+5.5813%
Lek
2 Volume
Lek 107.048126
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GBPALL Overview
GBPALL denotes the exchange rate of the British Pound Sterling (GBP) expressed in Albanian lek (ALL), indicating how many lek are required to buy one pound. It measures the relative value between the two currencies in the foreign exchange market.
The British Pound Sterling is the official currency of the United Kingdom and several Crown dependencies and overseas territories. The Bank of England issues and manages the pound, overseeing monetary policy, currency issuance, and financial stability for the UK.
The Albanian lek is the official currency of the Republic of Albania and is issued by the Bank of Albania (Banka e Shqipërisë). The lek serves as the unit of account within Albania and reflects the economic conditions and monetary framework of the country.
The GBPALL rate is set by supply and demand in FX markets and is shaped by interest rate differentials, inflation trajectories, central bank policy actions from both the Bank of England and the Bank of Albania, along with trade balances, capital flows, and geopolitical developments. Market sentiment and risk appetite also drive short-term volatility.
Movements in GBPALL are relevant for traders seeking speculative opportunities, businesses engaged in UK–Albania trade looking to hedge currency risk, and investors assessing cross-border exposure or conducting currency allocation decisions.
The British Pound Sterling is the official currency of the United Kingdom and several Crown dependencies and overseas territories. The Bank of England issues and manages the pound, overseeing monetary policy, currency issuance, and financial stability for the UK.
The Albanian lek is the official currency of the Republic of Albania and is issued by the Bank of Albania (Banka e Shqipërisë). The lek serves as the unit of account within Albania and reflects the economic conditions and monetary framework of the country.
The GBPALL rate is set by supply and demand in FX markets and is shaped by interest rate differentials, inflation trajectories, central bank policy actions from both the Bank of England and the Bank of Albania, along with trade balances, capital flows, and geopolitical developments. Market sentiment and risk appetite also drive short-term volatility.
Movements in GBPALL are relevant for traders seeking speculative opportunities, businesses engaged in UK–Albania trade looking to hedge currency risk, and investors assessing cross-border exposure or conducting currency allocation decisions.
GBPALL Chart
GBPALL FAQ
What is the current GBP/ALL price?
The current rate is Lek113.022768, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the GBP/ALL rate changed today?
The rate has changed by +5.974641 (+5.5813%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was Lek107.048126, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is GBP/ALL moving up or down?
Movements in GBP/ALL are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+5.5813%) is based on the difference between the current rate and the previous closing rate.
Is GBP/ALL trending up or down right now?
If the current rate (Lek113.022768) is above the previous close (Lek107.048126), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for GBP/ALL directly on this page.
