Convert Georgian Lari to Colombian Peso
Please provide values below to convert Georgian Lari [GEL] to Colombian Peso [COP], or Convert Colombian Peso to Georgian Lari.
How to Convert Georgian Lari to Colombian Peso
1 GEL = 0.000672070083013827 COP
Example: convert 15 GEL to COP:
15 GEL = 15 × 0.000672070083013827 COP = 0.0100810512452074 COP
Georgian Lari to Colombian Peso Conversion Table
| Georgian Lari | Colombian Peso |
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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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.