Convert Peruvian Nuevo Sol to Georgian Lari
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Georgian Lari [GEL], or Convert Georgian Lari to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Georgian Lari
1 PEN = 1.31309515021776 GEL
Example: convert 15 PEN to GEL:
15 PEN = 15 × 1.31309515021776 GEL = 19.6964272532664 GEL
Peruvian Nuevo Sol to Georgian Lari Conversion Table
| Peruvian Nuevo Sol | Georgian Lari |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.