Convert Georgian Lari to Moroccan Dirham
Please provide values below to convert Georgian Lari [GEL] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Georgian Lari.
How to Convert Georgian Lari to Moroccan Dirham
1 GEL = 0.300767070368438 MAD
Example: convert 15 GEL to MAD:
15 GEL = 15 × 0.300767070368438 MAD = 4.51150605552657 MAD
Georgian Lari to Moroccan Dirham Conversion Table
| Georgian Lari | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.