Convert British Pound Sterling to Georgian Lari
Please provide values below to convert British Pound Sterling [GBP] to Georgian Lari [GEL], or Convert Georgian Lari to British Pound Sterling.
How to Convert British Pound Sterling to Georgian Lari
1 GBP = 0.273197017789917 GEL
Example: convert 15 GBP to GEL:
15 GBP = 15 × 0.273197017789917 GEL = 4.09795526684875 GEL
British Pound Sterling to Georgian Lari Conversion Table
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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.
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.