Catalog
5 Lek
| Issuer | Banka e Shtetit Shqiptar |
|---|---|
| Year | 1953 |
| Type | Log in to see details |
| Value | 5 Lek (5 ALK) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLIKA POPULLORE E SHQIPËRISË No 099550 E VLEFSHME VETËM PËR DYQANIN E SHITJES ME LAR E VALUTË BUONA LEK 5 DREJTORI I PËRGJEGJSHËM DREJTORI I THESARIT FF BANKA E SHTETIT SHQIPTAR 5 Buona Lek 1953 (Translation: People's Republic of Albania. Valid only for the hard currency shop. 5 lek voucher. General Director. Treasury Director. State Bank of Albania.) |
| Reverse description | Log in to see details |
| Reverse lettering | REPUBLIKA POPULLORE E SHQIPËRISË BANKA E SHTETIT SHQIPTAR REPUBLIKA POPULLORE E SHQIPËRISË BANKA E SHTETIT SHQIPTAR REPUBLIKA POPULLORE E SHQIPËRISË BANKA E SHTETIT SHQIPTAR (Translation: People's Republic of Albania. State Bank of Albania.) |
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| Comments |
The 1953 Albanian banknote series was issued under the Banka e Shtetit Shqiptar — the State Bank of Albania — during the height of Enver Hoxha's consolidation of power and the country's tight alignment with the Soviet economic model. The entire series replaced the 1947 issue, itself a post-liberation reform that had swept away the wartime and Italian occupation currencies.
Albania's monetary system in this period was almost entirely insulated from Western clearing mechanisms, making surviving examples that left the country before the 1965 currency reform genuinely uncommon in Western collections. The 1965 reform exchanged old notes at 10:1, rendering the 1953 series obsolete overnight.