RSD to GEL

RSD - Serbian Dinar (RSD)
GEL - Georgian Lari ()
1 RSD1 GEL

Currency conversion rates from RSD to GEL

RSDGEL
1 RSD1 GEL
5 RSD5 GEL
10 RSD10 GEL
20 RSD20 GEL
50 RSD50 GEL
100 RSD100 GEL
250 RSD250 GEL
500 RSD500 GEL
1000 RSD1000 GEL
2000 RSD2000 GEL
5000 RSD5000 GEL
10000 RSD10000 GEL
GELRSD
1 GEL1 RSD
5 GEL5 RSD
10 GEL10 RSD
20 GEL20 RSD
50 GEL50 RSD
100 GEL100 RSD
250 GEL250 RSD
500 GEL500 RSD
1000 GEL1000 RSD
2000 GEL2000 RSD
5000 GEL5000 RSD
10000 GEL10000 RSD

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)


RSD - Serbian Dinar (РСД)

Serbian Dinar

The Dinar is the foreign currency used in Serbia since the disintegration of the Federal Republic of Yugoslavia in 2003. Earlier versions of the Serbian Dinar existed prior to World War I and during German occupation in World War II. The earliest use of the term Dinar dates back to 1214.

The Serbian Dinar is the currency in Serbia (RS, SRB). The Serbian Dinar is also known as Serbe Dinar. The exchange rate for the Serbian Dinar was last updated on May 24, 2019 from Yahoo Finance. The RSD conversion factor has 5 significant digits.

Economy

  • Serbia’s GDP of ~US$11,079 (PPP) makes it one of the smaller economies in Europe, though globally it is considered an upper-middle economy. GDP Growth has been strong in recent years; its ~8.7% GDP growth in 2008 put Serbia amongst the fastest growing economies in the region.
  • Serbia’s rate of unemployment is quite high, reaching 23.7% in February 2012.
  • Serbia has a very large trade deficit. Being a landlocked country with very limited natural resources, most necessities are imported from neighboring countries. Serbia has free trade agreements with the European Union, Russia, and Belarus.
  • Raspberries are one of the largest exports for the country. Serbia grows and provides nearly 1/3 of the world’s raspberries.
  • Serbia is an associate member of the EU.

History

  • The first mention of a Serbian Dinar is connected with the reign of Stefan Nemanjić in 1214. Serbian Dinar coins were minted by many of the rulers in the region until the fall of Stefan Lazarević in 1459.
  • For the next few centuries, several varying currencies were used in the the Serbian area. The first modern Serbian Dinar coins were minted in 1868, and the first Dinar banknotes were issued in 1876.
  • In 1920, following World War I, the Serbian Dinar was replaced by the Yugoslav Dinar (at par).
  • Following the German occupation of Yugoslavia, the region was again split into Serbia and Montenegro. At this time, the Yugoslav Dinar was replaced by the Serbian Dinar in 1941, at a rate of 1 Yugoslav Dinar = 20 Serbian Dinars.
  • In 1944, the reconstitution of Yugoslavia occurred and the Serbian Dinar was again replaced by the Yugoslav Dinar at the same rate of 1 Yugoslav Dinar = 20 Serbian Dinars.
  • In 2003, following the final dissolution of Yugoslavia, the Serbian Dinar became the official currency of Serbia, replacing the Yugoslav Dinar at par.

More information about RSD - Serbian Dinar (РСД)