Convert Georgian Lari to Jamaican Dollar
Please provide values below to convert Georgian Lari [GEL] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Georgian Lari.
How to Convert Georgian Lari to Jamaican Dollar
1 GEL = 0.0169255516859021 JMD
Example: convert 15 GEL to JMD:
15 GEL = 15 × 0.0169255516859021 JMD = 0.253883275288532 JMD
Georgian Lari to Jamaican Dollar 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.