Convert Georgian Lari to Chinese Yuan
Please provide values below to convert Georgian Lari [GEL] to Chinese Yuan [CNY], or Convert Chinese Yuan to Georgian Lari.
How to Convert Georgian Lari to Chinese Yuan
1 GEL = 0.377674626075078 CNY
Example: convert 15 GEL to CNY:
15 GEL = 15 × 0.377674626075078 CNY = 5.66511939112617 CNY
Georgian Lari to Chinese Yuan Conversion Table
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).