Franga
| Franga | |||
|---|---|---|---|
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| Central bank | Bank of Albania | ||
| User(s) | |||
| Subunit | |||
| 1/100 | Qindark ari | ||
| Nickname | Leku Zogut | ||
| Coins | |||
| Freq. used | 10, 20, 50 and 100 Franga | ||
| Banknotes | |||
| Freq. used | 5, 20, and 100 Franga | ||
The Franga is an obsolete unit of currency, used in the Albanian Republic and Albanian Kingdom under Zogu.[1] The coins were used from 1926 until 1939, when the currency was replaced by the Lek.[2]
Coins
Albania's first gold coins were issued in 1926, under President Ahmed Zogu, who in 1928 went on to proclaim himself King Zog I in 1928. These are denominated in franga ari (singular = frang ar). We guess the word frang is related linguistically to franc, and it is possible that the word ar relates to argent, argentum, or Ar, meaning silver. After the occupation by Italy in 1939, they were nominated in Lek (plural leki). There are 5 lek = 1 frang. According to Krause, 100 qindark leku = 1 lek, and 100 qindark ara = 1 frang ari. It would appear that the word qindark means hundredth or cent, to which it appear also be phonetically related. The plural of quindar is quindarka. The above information is in accordance with, and limited by, our extremely vague knowledge of the Albanian language. The following coins were in circulation:[2]
| Denomination | Diameter (mm) | Weight (gram) | Alloy | AGW |
|---|---|---|---|---|
| 10 Franga | 18,5 | 3,2258 | 0,9000 | 0,0933 |
| 20 Franga | 20 | 6,4516 | 0,9000 | 0,1867 |
| 50 Franga | 27 | 16.1290 | 0,9000 | 0,4667 |
| 100 Franga | 34,5 | 32,2580 | 0,9000 | 0,9335 |
- Note: Alloy = Fineness of gold, AGW = Actual fine gold weight in troy ounces
Gallery
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10 Franga with portrait of Zogu.
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20 Franga, Skanderbeg in front
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100 Franga with portrait of Zogu.
References
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