Convert Ethiopian Birr to Georgian Lari
Please provide values below to convert Ethiopian Birr [ETB] to Georgian Lari [GEL], or Convert Georgian Lari to Ethiopian Birr.
How to Convert Ethiopian Birr to Georgian Lari
1 ETB = 50.4307964863069 GEL
Example: convert 15 ETB to GEL:
15 ETB = 15 × 50.4307964863069 GEL = 756.461947294604 GEL
Ethiopian Birr to Georgian Lari Conversion Table
| Ethiopian Birr | Georgian Lari |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
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.