Convert Georgian Lari to Argentine Peso
Please provide values below to convert Georgian Lari [GEL] to Argentine Peso [ARS], or Convert Argentine Peso to Georgian Lari.
How to Convert Georgian Lari to Argentine Peso
1 GEL = 0.00213983904215074 ARS
Example: convert 15 GEL to ARS:
15 GEL = 15 × 0.00213983904215074 ARS = 0.0320975856322611 ARS
Georgian Lari to Argentine 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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.