Convert New Taiwan Dollar to Georgian Lari
Please provide values below to convert New Taiwan Dollar [TWD] to Georgian Lari [GEL], or Convert Georgian Lari to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Georgian Lari
1 TWD = 10.8381929578504 GEL
Example: convert 15 TWD to GEL:
15 TWD = 15 × 10.8381929578504 GEL = 162.572894367757 GEL
New Taiwan Dollar to Georgian Lari Conversion Table
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.