Convert Georgian Lari to South Korean Won
Please provide values below to convert Georgian Lari [GEL] to South Korean Won [KRW], or Convert South Korean Won to Georgian Lari.
How to Convert Georgian Lari to South Korean Won
1 GEL = 0.00195968207640952 KRW
Example: convert 15 GEL to KRW:
15 GEL = 15 × 0.00195968207640952 KRW = 0.0293952311461428 KRW
Georgian Lari to South Korean Won Conversion Table
Georgian Lari | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.