Convert Georgian Lari to Uruguayan Peso
Please provide values below to convert Georgian Lari [GEL] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Georgian Lari.
How to Convert Georgian Lari to Uruguayan Peso
1 GEL = 0.0672309360569133 UYU
Example: convert 15 GEL to UYU:
15 GEL = 15 × 0.0672309360569133 UYU = 1.0084640408537 UYU
Georgian Lari to Uruguayan 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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.