Convert Georgian Lari to Nigerian Naira
Please provide values below to convert Georgian Lari [GEL] to Nigerian Naira [NGN], or Convert Nigerian Naira to Georgian Lari.
How to Convert Georgian Lari to Nigerian Naira
1 GEL = 0.00177003649761165 NGN
Example: convert 15 GEL to NGN:
15 GEL = 15 × 0.00177003649761165 NGN = 0.0265505474641748 NGN
Georgian Lari to Nigerian Naira Conversion Table
| Georgian Lari | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.