Convert Saudi Riyal to Georgian Lari
Please provide values below to convert Saudi Riyal [SAR] to Georgian Lari [GEL], or Convert Georgian Lari to Saudi Riyal.
How to Convert Saudi Riyal to Georgian Lari
1 SAR = 1.38407027386137 GEL
Example: convert 15 SAR to GEL:
15 SAR = 15 × 1.38407027386137 GEL = 20.7610541079206 GEL
Saudi Riyal to Georgian Lari Conversion Table
| Saudi Riyal | Georgian Lari |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.