Convert Georgian Lari to Salvadoran Colón
Please provide values below to convert Georgian Lari [GEL] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Georgian Lari.
How to Convert Georgian Lari to Salvadoran Colón
1 GEL = 0.310022879262829 SVC
Example: convert 15 GEL to SVC:
15 GEL = 15 × 0.310022879262829 SVC = 4.65034318894243 SVC
Georgian Lari to Salvadoran Colón Conversion Table
| Georgian Lari | Salvadoran Colón |
|---|
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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.