Convert Georgian Lari to Dominican Peso
Please provide values below to convert Georgian Lari [GEL] to Dominican Peso [DOP], or Convert Dominican Peso to Georgian Lari.
How to Convert Georgian Lari to Dominican Peso
1 GEL = 0.0448940365528326 DOP
Example: convert 15 GEL to DOP:
15 GEL = 15 × 0.0448940365528326 DOP = 0.673410548292489 DOP
Georgian Lari to Dominican Peso 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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.