Convert Georgian Lari to Egyptian Pound
Please provide values below to convert Georgian Lari [GEL] to Egyptian Pound [EGP], or Convert Egyptian Pound to Georgian Lari.
How to Convert Georgian Lari to Egyptian Pound
1 GEL = 0.055210948452936 EGP
Example: convert 15 GEL to EGP:
15 GEL = 15 × 0.055210948452936 EGP = 0.82816422679404 EGP
Georgian Lari to Egyptian Pound Conversion Table
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.