Image 1: | Franga Coin.jpg |
Image Title 1: | 100 Franga Coin with portrait of Zogu |
Using Countries: | Albanian Republic Albanian Kingdom |
Date Of Withdrawal: | 1946 |
Replaced By Currency: | Albanian lek |
Subunit Name 1: | Qindark ari |
Symbol: | Fr |
Symbol Subunit 1: | q |
Frequently Used Coins: | 10, 20, 50 and 100 Franga |
Frequently Used Banknotes: | 5, 20, and 100 Franga |
Issuing Authority: | Bank of Albania |
Value: | 1 Fr = L5 |
Obsolete: | yes |
The franga in Albanian pronounced as /fɾaŋa/ is an obsolete unit of currency, equal to 5 lek, used in the Albanian Republic and Albanian Kingdom under Zogu.[1] Coins denominated in Franga were in use from 1926 until 1939.[2]
Between 1926 and 1938, 1, 2, and 5 franga coins were issued in silver (.835 fine for the two lower values, 900 fine for the five-franga coins), while 10, 20, 50, and 100 franga pieces were minted in gold (.900 fine).
Fractional pieces in denominated in lek and qindarka were also issued during the period.
An undated series of banknotes was issued by the National Bank of Albania in 1926. It comprised 1, 5, 20, and 100 franga notes, the first of which was recalled shortly after being released into circulation.
In 1939, during the Italian occupation, the 100 franga notes were overprinted to obscure the image of King Zog I.