Convert Georgian Lari to British Pound Sterling
Please provide values below to convert Georgian Lari [GEL] to British Pound Sterling [GBP], or Convert British Pound Sterling to Georgian Lari.
How to Convert Georgian Lari to British Pound Sterling
1 GEL = 3.66036206430694 GBP
Example: convert 15 GEL to GBP:
15 GEL = 15 × 3.66036206430694 GBP = 54.9054309646042 GBP
Georgian Lari to British Pound Sterling 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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.