The exchange rate of the euro against the Lek has continued its decline, hitting a new historical low. According to the Bank of Albania’s official exchange rate data, the euro was exchanged on Tuesday for 92.44 lekë, marking the lowest level ever recorded for the currency pair. This downward trend has persisted throughout the week, establishing a new minimum value.
Year-to-date analysis indicates that the euro/Lek rate has depreciated by 4.5% since the start of the calendar year. Furthermore, when benchmarked against the same period one year prior, the rate has seen a decline of 4.9%. The data suggests an acceleration in the fall of the euro’s rate, with particular increases in the rate’s depreciation observed during 2026.
Analysts attribute this deepening downward trajectory to heightened demand for foreign currency, which has been intensified by the summer season. This increased demand has exacerbated a downward trend that was initially apparent in the first quarter of the year. The Bank of Albania has provided explanations regarding the underlying causes of this fluctuating exchange rate.
The sustained depreciation of the euro against the Lek continues to be a key economic indicator monitored by financial institutions.
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