Convert Georgian Lari to Barbadian Dollar
Please provide values below to convert Georgian Lari [GEL] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Georgian Lari.
How to Convert Georgian Lari to Barbadian Dollar
1 GEL = 1.3547 BBD
Example: convert 15 GEL to BBD:
15 GEL = 15 × 1.3547 BBD = 20.3205 BBD
Georgian Lari to Barbadian Dollar Conversion Table
Georgian Lari | Barbadian Dollar |
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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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.