Convert Georgian Lari to Peruvian Nuevo Sol
Please provide values below to convert Georgian Lari [GEL] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Georgian Lari.
How to Convert Georgian Lari to Peruvian Nuevo Sol
1 GEL = 0.761559434466088 PEN
Example: convert 15 GEL to PEN:
15 GEL = 15 × 0.761559434466088 PEN = 11.4233915169913 PEN
Georgian Lari to Peruvian Nuevo Sol Conversion Table
| Georgian Lari | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.