Convert Georgian Lari to Norwegian Krone
Please provide values below to convert Georgian Lari [GEL] to Norwegian Krone [NOK], or Convert Norwegian Krone to Georgian Lari.
How to Convert Georgian Lari to Norwegian Krone
1 GEL = 0.267944381811349 NOK
Example: convert 15 GEL to NOK:
15 GEL = 15 × 0.267944381811349 NOK = 4.01916572717024 NOK
Georgian Lari to Norwegian Krone Conversion Table
Georgian Lari | Norwegian Krone |
---|
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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.