Convert Georgian Lari to Armenian Dram
Please provide values below to convert Georgian Lari [GEL] to Armenian Dram [AMD], or Convert Armenian Dram to Georgian Lari.
How to Convert Georgian Lari to Armenian Dram
1 GEL = 0.00705475546343864 AMD
Example: convert 15 GEL to AMD:
15 GEL = 15 × 0.00705475546343864 AMD = 0.10582133195158 AMD
Georgian Lari to Armenian Dram 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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.