Currency Pair GEL/UGX: An Overview

The currency pair GEL/UGX represents the exchange rate between the Georgian lari (GEL) and the Ugandan shilling (UGX). Both GEL and UGX are important currencies in their respective regions and are widely used in international transactions.

Georgian Lari (GEL)

The Georgian lari (GEL) is the official currency of Georgia. The lari was introduced in 1995, replacing the previous Georgian coupon system. The currency is regulated by the National Bank of Georgia, which is responsible for maintaining the stability of the country's financial system. One lari is divided into 100 tetri, and the currency is used in all types of financial transactions within Georgia.

Ugandan Shilling (UGX)

The Ugandan shilling (UGX) is the official currency of Uganda. It was introduced in 1966 and has since been the primary currency in the country. The currency is monitored by the Bank of Uganda, which works to ensure its stability. One shilling is divided into 100 cents, and UGX is widely used in both domestic and international business.

Convert Between Currencies

On this page, you can easily convert between different currencies, including GEL and UGX. Follow these steps to perform a conversion:

Enter the amount you want to convert.
Select the source currency (e.g., GEL).
Choose the target currency (e.g., UGX).
The conversion will then be done automatically.

In addition to offering instant conversions, we also display a chart with historical figures for the currency pair GEL/UGX. This gives you a better understanding of how the exchange rate has changed over time.

Summary

With our currency converter, you can easily and quickly exchange between the Georgian lari (GEL) and the Ugandan shilling (UGX), as well as many other currencies. Whether you are planning a trip, conducting international business, or just curious about exchange rates, our service is a reliable and user-friendly resource.