Convert Philippine Peso to Georgian Lari
Please provide values below to convert Philippine Peso [PHP] to Georgian Lari [GEL], or Convert Georgian Lari to Philippine Peso.
How to Convert Philippine Peso to Georgian Lari
1 PHP = 21.0165719347457 GEL
Example: convert 15 PHP to GEL:
15 PHP = 15 × 21.0165719347457 GEL = 315.248579021186 GEL
Philippine Peso to Georgian Lari Conversion Table
| Philippine Peso | Georgian Lari |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.