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Lekë
The lek (; indefinite singular ''lek'', definite plural ''lekët'', indefinite plural ''lekë''; sign: Lekë in Albanian or Lek in English, sometimes L; code: ALL) is the currency of Albania. Historically, it was subdivided 100 ''qintars'' (; singular ''qindarkë''). History The lek was introduced as the first Albanian currency in February 1926. Before then, Albania was a country without a currency, adhering to a gold standard for the fixation of commercial values. Before the First World War the Ottoman Turkish piastre was in full circulation, but following the military occupation of the country by various continental powers the gold franc (Franc Germinal) was adopted as the monetary unit. In 1923 Italian paper circulated at Shkodër, Durrës, Vlorë, and Gjirokastër, and the Greek drachma at Korçë, the values of which varied according to locality and the prevailing rates of exchange as compared with gold. Etymology The lek was named after Alexander the Great, whose name ...
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Albanian Language
Albanian (endonym: or ) is an Indo-European language and an independent branch of that family of languages. It is spoken by the Albanians in the Balkans and by the Albanian diaspora, which is generally concentrated in the Americas, Europe and Oceania. With about 7.5 million speakers, it comprises an independent branch within the Indo-European languages and is not closely related to any other modern Indo-European language. Albanian was first attested in the 15th century and it is a descendant of one of the Paleo-Balkan languages of antiquity. For historical and geographical reasons,: "It is often thought (for obvious geographic reasons) that Albanian descends from ancient Illyrian (see above), but this cannot be ascertained as we know next to nothing about Illyrian itself." the prevailing opinion among modern historians and linguists is that the Albanian language is a descendant of a southern Illyrian dialect spoken in much the same region in classical times. Alternative ...
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Albania
Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic The Adriatic Sea () is a body of water separating the Italian Peninsula from the Balkans, Balkan Peninsula. The Adriatic is the northernmost arm of the Mediterranean Sea, extending from the Strait of Otranto (where it connects to the Ionian Sea) ... and Ionian Seas within the Mediterranean Sea and shares land borders with Montenegro to the northwest, Kosovo to the northeast, North Macedonia to the east and Greece to the south. Tirana is its capital and largest city, followed by Durrës, Vlorë, and Shkodër. Albania displays varied climatic, geological, hydrological, and morphological conditions, defined in an area of . It possesses significant diversity with the landscape ranging from the snow-capped mountains in the Accursed Mountains, Albanian Alps as well as the Korab, Central Mountain R ...
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Bank Of Albania
The Bank of Albania ( sq, Banka e Shqipërisë) is the central bank of Albania. Its main headquarters are in Tirana, and the bank also has five other branches located in Shkodër, Elbasan, Gjirokastër, Korçë, and Lushnjë, while its Research and Training Center is located in Berat. History In the first few years following Albania's declaration of independence on 28 December 1912, the fledgling country lacked a central bank. Under Ismail Qemali's leadership a first central bank was created on 4 October 1913 but it only lasted a few months. In the early 1920s, foreign currency was used for all transactions, generating considerable chaos, and in 1923 municipalities were allowed to issue their own banknotes. One project floated by the League of Nations envisaged a central bank for Albania as a cooperative venture co-sponsored by various European governments, with Albania itself owning only 10 percent of its share capital. The consolidation of the Albanian national government e ...
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Cupro-nickel
Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. ( Monel is a nickel-copper alloy that contains a minimum of 52 percent nickel.) Despite its high copper content, cupronickel is silver in colour. Cupronickel is highly resistant to corrosion by salt water, and is therefore used for piping, heat exchangers and condensers in seawater systems, as well as for marine hardware. It is sometimes used for the propellers, propeller shafts, and hulls of high-quality boats. Other uses include military equipment and chemical, petrochemical, and electrical industries. Another common 20th-century use of cupronickel was silver-coloured coins. For this use, the typical alloy has 3:1 copper to nickel ratio, with very small amounts of manganese. In the past, true silver coins were debased with cupronickel, such as coins of the pound sterling from ...
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Fasces
Fasces ( ; ; a '' plurale tantum'', from the Latin word '' fascis'', meaning "bundle"; it, fascio littorio) is a bound bundle of wooden rods, sometimes including an axe (occasionally two axes) with its blade emerging. The fasces is an Italian symbol that had its origin in the Etruscan civilization and was passed on to ancient Rome, where it symbolized a magistrate's power and jurisdiction. The axe originally associated with the symbol, the Labrys ( Greek: , ') the double- bitted axe, originally from Crete, is one of the oldest symbols of Greek civilization. To the Romans, it was known as a ''bipennis''. The image has survived in the modern world as a representation of magisterial or collective power, law, and governance. The fasces frequently occurs as a charge in heraldry: it is present on the reverse of the U.S. Mercury dime coin and behind the podium in the United States House of Representatives; and it was the origin of the name of the National Fascist Party in Italy ...
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