Convert Georgian Lari to Saint Helena Pound
Please provide values below to convert Georgian Lari [GEL] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Georgian Lari.
How to Convert Georgian Lari to Saint Helena Pound
1 GEL = 3.65986762123464 SHP
Example: convert 15 GEL to SHP:
15 GEL = 15 × 3.65986762123464 SHP = 54.8980143185195 SHP
Georgian Lari to Saint Helena Pound Conversion Table
| Georgian Lari | Saint Helena 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.
Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.