Convert Georgian Lari to Somali Shilling
Please provide values below to convert Georgian Lari [GEL] to Somali Shilling [SOS], or Convert Somali Shilling to Georgian Lari.
How to Convert Georgian Lari to Somali Shilling
1 GEL = 0.00474135849178111 SOS
Example: convert 15 GEL to SOS:
15 GEL = 15 × 0.00474135849178111 SOS = 0.0711203773767166 SOS
Georgian Lari to Somali Shilling Conversion Table
| Georgian Lari | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.