Convert Georgian Lari to Thai Baht
Please provide values below to convert Georgian Lari [GEL] to Thai Baht [THB], or Convert Thai Baht to Georgian Lari.
How to Convert Georgian Lari to Thai Baht
1 GEL = 0.084109944555857 THB
Example: convert 15 GEL to THB:
15 GEL = 15 × 0.084109944555857 THB = 1.26164916833786 THB
Georgian Lari to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.