Convert Georgian Lari to Swiss Franc
Please provide values below to convert Georgian Lari [GEL] to Swiss Franc [CHF], or Convert Swiss Franc to Georgian Lari.
How to Convert Georgian Lari to Swiss Franc
1 GEL = 3.40847905396905 CHF
Example: convert 15 GEL to CHF:
15 GEL = 15 × 3.40847905396905 CHF = 51.1271858095358 CHF
Georgian Lari to Swiss Franc Conversion Table
Georgian Lari | Swiss Franc |
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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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.