Convert Georgian Lari to Turkish Lira
Please provide values below to convert Georgian Lari [GEL] to Turkish Lira [TRY], or Convert Turkish Lira to Georgian Lari.
How to Convert Georgian Lari to Turkish Lira
1 GEL = 0.0669968620721204 TRY
Example: convert 15 GEL to TRY:
15 GEL = 15 × 0.0669968620721204 TRY = 1.00495293108181 TRY
Georgian Lari to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.