Convert Georgian Lari to Mexican Peso
Please provide values below to convert Georgian Lari [GEL] to Mexican Peso [MXN], or Convert Mexican Peso to Georgian Lari.
How to Convert Georgian Lari to Mexican Peso
1 GEL = 0.145321333176001 MXN
Example: convert 15 GEL to MXN:
15 GEL = 15 × 0.145321333176001 MXN = 2.17981999764002 MXN
Georgian Lari to Mexican Peso 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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.