Convert Georgian Lari to Tanzanian Shilling

Convert Georgian Lari (GEL) to Tanzanian Shilling (TZS) using daily updated exchange rates.

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Georgian Lari (GEL)
Tanzanian Shilling (TZS)

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 Tanzanian Shilling

The Tanzanian Shilling (TZS) has been the official currency of Tanzania since 1966, replacing the East African shilling. The Bank of Tanzania manages monetary policy. Tanzania is one of Africa's largest and fastest growing economies, with significant revenues from tourism (safari - Serengeti, Ngorongoro Crater; Kilimanjaro; Zanzibar), gold mining, coffee, tea, cotton, and increasingly extractable natural gas reserves. The country hosts the Serengeti, one of the world's greatest wildlife spectacles, and is home to Mount Kilimanjaro, Africa's highest peak.

Quick Reference Table

Georgian Lari (GEL)Tanzanian Shilling (TZS)
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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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