Convert Georgian Lari to São Tomé and Príncipe Dobra
Please provide values below to convert Georgian Lari [GEL] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Georgian Lari.
How to Convert Georgian Lari to São Tomé And Príncipe Dobra
1 GEL = 0.12974003150843 STN
Example: convert 15 GEL to STN:
15 GEL = 15 × 0.12974003150843 STN = 1.94610047262645 STN
Georgian Lari to São Tomé And Príncipe Dobra 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.
São Tomé And Príncipe Dobra
The São Tomé and Príncipe Dobra (STN) is the official currency of São Tomé and Príncipe, used for all monetary transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the São Tomé and Príncipe escudo at par, and has undergone various redenominations and updates since its inception to stabilize the economy and modernize the currency system.
Current Use
Today, the Dobra remains the official currency, with banknotes and coins in circulation, and is used for everyday transactions, though it is subject to inflation and economic fluctuations.