Convert Georgian Lari to Swedish Krona
Please provide values below to convert Georgian Lari [GEL] to Swedish Krona [SEK], or Convert Swedish Krona to Georgian Lari.
How to Convert Georgian Lari to Swedish Krona
1 GEL = 0.283876240269061 SEK
Example: convert 15 GEL to SEK:
15 GEL = 15 × 0.283876240269061 SEK = 4.25814360403592 SEK
Georgian Lari to Swedish Krona 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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.