Convert Georgian Lari to Libyan Dinar
Please provide values below to convert Georgian Lari [GEL] to Libyan Dinar [LYD], or Convert Libyan Dinar to Georgian Lari.
How to Convert Georgian Lari to Libyan Dinar
1 GEL = 0.499152542372881 LYD
Example: convert 15 GEL to LYD:
15 GEL = 15 × 0.499152542372881 LYD = 7.48728813559322 LYD
Georgian Lari to Libyan Dinar 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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.