Convert Georgian Lari to Canadian Dollar
Please provide values below to convert Georgian Lari [GEL] to Canadian Dollar [CAD], or Convert Canadian Dollar to Georgian Lari.
How to Convert Georgian Lari to Canadian Dollar
1 GEL = 1.9885504587156 CAD
Example: convert 15 GEL to CAD:
15 GEL = 15 × 1.9885504587156 CAD = 29.8282568807339 CAD
Georgian Lari to Canadian Dollar 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.