Georgian Lari to Norwegian Krone

The Georgian lari (sign ₾, code GEL) is a currency used exclusively in Georgia. 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.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.