Pound Sterling to Georgian Lari — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Georgia

Currency Code, Symbol: GEL, ₾

Denominations of coins in circulation: 1, 2, 5, 10, 20, 50 tetri, 1, 2 lari

Denominations of banknotes in circulation: 5, 10, 20, 50, 100 lari

History: The Georgian lari (₾) is a currency used exclusively in Georgia. On the international market, it is known as GEL. It can be exchanged to tetri.One lari contains 100 tetri. The currency came into circulation in 1995, replacing the Georgian coupon. Before that, the country had used the Soviet ruble. Coins have a symbol of the sun and the name of the country in two languages – Georgian and English – imprinted on them. Notes are decorated with portraits of influential figures and cultural monuments.Read More