JEP to GEL

JEP - Jersey pound (£)

GEL - Georgian Lari (₾)

Amount

Converted to

From

1 JEP → 1 GEL

Currency conversion rates from JEP to GEL

JEP	GEL
1 JEP	1 GEL
5 JEP	5 GEL
10 JEP	10 GEL
20 JEP	20 GEL
50 JEP	50 GEL
100 JEP	100 GEL
250 JEP	250 GEL
500 JEP	500 GEL
1000 JEP	1000 GEL
2000 JEP	2000 GEL
5000 JEP	5000 GEL
10000 JEP	10000 GEL

GEL	JEP
1 GEL	1 JEP
5 GEL	5 JEP
10 GEL	10 JEP
20 GEL	20 JEP
50 GEL	50 JEP
100 GEL	100 JEP
250 GEL	250 JEP
500 GEL	500 JEP
1000 GEL	1000 JEP
2000 GEL	2000 JEP
5000 GEL	5000 JEP
10000 GEL	10000 JEP

GEL - Georgian Lari (GEL)

The Georgian lari is the official currency of the country of Georgia. It’s most commonly converted to the US dollar. The currency code for the lari is GEL, and its sign is ლ. The sign was introduced by the Governor of the National Bank of Georgia (NBG) in July 2014. It’s a three-quartered circle open in the lower-right-hand quadrant. It has two vertical parallel lines at its crest and rests on a platform the length of its diameter. It was conceived as part of a sign design contest that began in 2013. It was meant to be easy to construct and to be reminiscent of the Georgian alphabet.

The Lari is the basic monetary unit of Georgia. The word derives from an old native word meaning hoard. It is divided into 100 teri, the currency used in Georgia during the 13th century.

The Georgian Lari is the currency in Georgia (GE, GEO). The Georgian Lari is divided into 100 tetri. The exchange rate for the Georgian Lari was last updated on May 24, 2019 from Yahoo Finance. The GEL conversion factor has 5 significant digits.

Economy

The largest sector of the Georgian economy is the service industry, with wholesale and retail leading the sector.
Other industries include agriculture, mining, manufacturing, and fishing.
Georgia has become a leading producer of eggs and broiler chickens, as well as a primary producer of beef cattle, hogs, and milk.
Although Georgia was severely damaged economically by civil strife, the country has recovered with the help of the IMF and the World Bank.
Since 1995, Georgia has achieved positive GDP growth and has minimized inflation.

History

On October 2, 1995 the Georgian Lari became the official currency of Georgia.
It replaced the provisional coupon currency which was the kupon Lari, the currency that had replaced the Russian Ruble on April 5, 1993.
Eduard Shevardnadze’s government was in power during the establishment of the currency.
The coins in circulation are 1, 2, 5, 10, 20, and 50 tetri, and 1 and 2 Lari.
Commonly used banknotes are 5, 10, 20, and 50 Lari.
The 1, 2, 100, and 200 Lari banknotes are rarely used.

More information about GEL - Georgian Lari (GEL)

JEP - JEP (£)

JEP

The Jersey Pound is the currency in Channel Islands (Aldernay, Guernsey, Jersey, Sark). The Jersey Pound is divided into 100 pence. The exchange rate for the Jersey Pound was last updated on Today from The International Monetary Fund. The JEP conversion factor has 6 significant digits.