Convert Georgian Lari to Macedonian Denar

Convert Georgian Lari (GEL) to Macedonian Denar (MKD) using daily updated exchange rates.

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Georgian Lari (GEL)
Macedonian Denar (MKD)

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 Macedonian Denar

The Macedonian Denar (MKD) has been the official currency of North Macedonia since 1992, replacing the Yugoslav dinar following the country's independence. The name "denar" derives from the ancient Roman silver coin "denarius". The National Bank of the Republic of North Macedonia manages monetary policy with a fixed exchange rate de facto pegged to the Euro. North Macedonia is a small Balkan country with an economy based on steel, iron, lead, zinc, manganese, chromite, and tungsten mining, as well as agriculture and light manufacturing.

Quick Reference Table

Georgian Lari (GEL)Macedonian Denar (MKD)
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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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