Convert Georgian Lari to Moldovan Leu

Convert Georgian Lari (GEL) to Moldovan Leu (MDL) using daily updated exchange rates.

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Georgian Lari (GEL)
Moldovan Leu (MDL)

Exchange Rate

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About Georgian Lari

The Georgian Lari (GEL) has been the official currency of Georgia since 1995, replacing the Georgian coupon at a rate of one million to one following the economic collapse after the dissolution of the Soviet Union. The name "lari" derives from an old Georgian word meaning "hoard" or "property". The National Bank of Georgia manages monetary policy with a floating exchange rate regime. Georgia's economy has undergone significant reforms since independence, establishing strong property rights and a competitive business environment that attracted considerable foreign investment.

About Moldovan Leu

The Moldovan Leu (MDL) has been the official currency of Moldova since 1993, replacing the Moldovan cupon interim currency used after independence from the Soviet Union in 1991. The word "leu" means "lion" in Romanian. The National Bank of Moldova manages monetary policy with a managed float. Moldova is one of Europe's least developed countries, with an economy strongly dependent on agriculture (wine, fruits, vegetables), remittances from the large Moldovan diaspora working in Russia and EU countries, and light manufacturing. The leu is divided into 100 bani.

Quick Reference Table

Georgian Lari (GEL)Moldovan Leu (MDL)
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).

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