Convert Georgian Lari to Bermudan Dollar
Please provide values below to convert Georgian Lari [GEL] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Georgian Lari.
How to Convert Georgian Lari to Bermudan Dollar
1 GEL = 2.7094 BMD
Example: convert 15 GEL to BMD:
15 GEL = 15 × 2.7094 BMD = 40.641 BMD
Georgian Lari to Bermudan Dollar Conversion Table
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Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.