Convert Georgian Lari to Bolivian Boliviano
Please provide values below to convert Georgian Lari [GEL] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Georgian Lari.
How to Convert Georgian Lari to Bolivian Boliviano
1 GEL = 0.392075711970364 BOB
Example: convert 15 GEL to BOB:
15 GEL = 15 × 0.392075711970364 BOB = 5.88113567955545 BOB
Georgian Lari to Bolivian Boliviano Conversion Table
| Georgian Lari | Bolivian Boliviano |
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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.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.