Convert Georgian Lari to Moldovan Leu
Please provide values below to convert Georgian Lari [GEL] to Moldovan Leu [MDL], or Convert Moldovan Leu to Georgian Lari.
How to Convert Georgian Lari to Moldovan Leu
1 GEL = 0.159860754639054 MDL
Example: convert 15 GEL to MDL:
15 GEL = 15 × 0.159860754639054 MDL = 2.3979113195858 MDL
Georgian Lari to Moldovan Leu Conversion Table
| Georgian Lari | Moldovan Leu |
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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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.