Convert Georgian Lari to Angolan Kwanza
Please provide values below to convert Georgian Lari [GEL] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Georgian Lari.
How to Convert Georgian Lari to Angolan Kwanza
1 GEL = 0.00294660077289815 AOA
Example: convert 15 GEL to AOA:
15 GEL = 15 × 0.00294660077289815 AOA = 0.0441990115934722 AOA
Georgian Lari to Angolan Kwanza Conversion Table
| Georgian Lari | Angolan Kwanza |
|---|
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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.