Convert Australian Dollar to Georgian Lari
Please provide values below to convert Australian Dollar [AUD] to Georgian Lari [GEL], or Convert Georgian Lari to Australian Dollar.
How to Convert Australian Dollar to Georgian Lari
1 AUD = 0.564405403410349 GEL
Example: convert 15 AUD to GEL:
15 AUD = 15 × 0.564405403410349 GEL = 8.46608105115524 GEL
Australian Dollar to Georgian Lari Conversion Table
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.