Convert Georgian Lari to Iranian Rial
Please provide values below to convert Georgian Lari [GEL] to Iranian Rial [IRR], or Convert Iranian Rial to Georgian Lari.
How to Convert Georgian Lari to Iranian Rial
1 GEL = 6.3844200808726e-05 IRR
Example: convert 15 GEL to IRR:
15 GEL = 15 × 6.3844200808726e-05 IRR = 0.000957663012130891 IRR
Georgian Lari to Iranian Rial Conversion Table
| Georgian Lari | Iranian Rial |
|---|
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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.