Convert Georgian Lari to Guernsey Pound
Please provide values below to convert Georgian Lari [GEL] to Guernsey Pound [GGP], or Convert Guernsey Pound to Georgian Lari.
How to Convert Georgian Lari to Guernsey Pound
1 GEL = 3.65986762123464 GGP
Example: convert 15 GEL to GGP:
15 GEL = 15 × 3.65986762123464 GGP = 54.8980143185195 GGP
Georgian Lari to Guernsey Pound Conversion Table
| Georgian Lari | Guernsey Pound |
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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.
Guernsey Pound
The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1921, the Guernsey Pound has been used locally alongside the British Pound, with both currencies circulating freely and at equal value, reflecting Guernsey's status as a self-governing dependency.
Current Use
The GGP is used for everyday transactions within Guernsey and is accepted alongside the British Pound, with coins and banknotes issued specifically for Guernsey by the local authorities.