Convert Georgian Lari to Nicaraguan Córdoba
Please provide values below to convert Georgian Lari [GEL] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Georgian Lari.
How to Convert Georgian Lari to Nicaraguan Córdoba
1 GEL = 0.0736526197323996 NIO
Example: convert 15 GEL to NIO:
15 GEL = 15 × 0.0736526197323996 NIO = 1.10478929598599 NIO
Georgian Lari to Nicaraguan Córdoba Conversion Table
| Georgian Lari | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.