Convert Georgian Lari to Albanian Lek
Please provide values below to convert Georgian Lari [GEL] to Albanian Lek [ALL], or Convert Albanian Lek to Georgian Lari.
How to Convert Georgian Lari to Albanian Lek
1 GEL = 0.0324882518768818 ALL
Example: convert 15 GEL to ALL:
15 GEL = 15 × 0.0324882518768818 ALL = 0.487323778153227 ALL
Georgian Lari to Albanian Lek Conversion Table
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.