Convert Georgian Lari to Mozambican Metical
Please provide values below to convert Georgian Lari [GEL] to Mozambican Metical [MZN], or Convert Mozambican Metical to Georgian Lari.
How to Convert Georgian Lari to Mozambican Metical
1 GEL = 0.0425856971533566 MZN
Example: convert 15 GEL to MZN:
15 GEL = 15 × 0.0425856971533566 MZN = 0.638785457300349 MZN
Georgian Lari to Mozambican Metical Conversion Table
| Georgian Lari | Mozambican Metical |
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.