Convert Georgian Lari to Jersey Pound
Please provide values below to convert Georgian Lari [GEL] to Jersey Pound [JEP], or Convert Jersey Pound to Georgian Lari.
How to Convert Georgian Lari to Jersey Pound
1 GEL = 3.65986762123464 JEP
Example: convert 15 GEL to JEP:
15 GEL = 15 × 3.65986762123464 JEP = 54.8980143185195 JEP
Georgian Lari to Jersey Pound 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.
Jersey Pound
The Jersey Pound (JEP) is the official currency of Jersey, a British Crown Dependency, used for everyday transactions and financial purposes within the island.
History/Origin
The Jersey Pound was introduced in 1961, replacing the British Pound Sterling in Jersey, and has since been pegged to the British Pound at par, maintaining its value and stability as a local currency.
Current Use
Today, the Jersey Pound is widely used for all local transactions, with banknotes and coins issued specifically for Jersey, and it is accepted alongside the British Pound Sterling within the island.