Convert Georgian Lari to Euro
Please provide values below to convert Georgian Lari [GEL] to Euro [EUR], or Convert Euro to Georgian Lari.
How to Convert Georgian Lari to Euro
1 GEL = 3.17743637856221 EUR
Example: convert 15 GEL to EUR:
15 GEL = 15 × 3.17743637856221 EUR = 47.6615456784332 EUR
Georgian Lari to Euro Conversion Table
| Georgian Lari | Euro |
|---|
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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.