Convert Swiss Franc to Georgian Lari
Please provide values below to convert Swiss Franc [CHF] to Georgian Lari [GEL], or Convert Georgian Lari to Swiss Franc.
How to Convert Swiss Franc to Georgian Lari
1 CHF = 0.293385989517974 GEL
Example: convert 15 CHF to GEL:
15 CHF = 15 × 0.293385989517974 GEL = 4.40078984276962 GEL
Swiss Franc to Georgian Lari Conversion Table
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency 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.