1 Frank Kart

Albanian municipal notgeld is rare by any measure, and the Vlorë issue of 1924 is among the most locally produced examples anywhere in interwar Europe. Shtyp Vlora was a small commercial press, not a security printer — no intaglio, no watermarked paper, none of the anti-counterfeiting infrastructure that central bank issues relied on. The municipality issued these fractional notes to address a genuine coin shortage that was endemic across Albania in the early 1920s, when the country still lacked a functioning central bank. The Bank of Albania would not be established until 1925.

The "frank" denomination itself reflects the French monetary influence that persisted in Albanian commercial life well after Ottoman currency had been displaced.