Convert GEL to GIP — live rate

Convert Georgian Laris to Gibraltar Pounds and compare the real cost of sending money.

GEL
GIP
1 GEL = 0.2765 GIP Mid-market rate
Updated just now
Compare transfers for GEL → GIP
No signup required FCA-regulated providers only

Historical GEL/GIP exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: GEL to GIP

1 GEL 0.28 GIP
5 GEL 1.38 GIP
10 GEL 2.76 GIP
50 GEL 13.82 GIP
100 GEL 27.65 GIP
500 GEL 138.24 GIP
1,000 GEL 276.48 GIP
5,000 GEL 1,382.38 GIP

Real cost of GEL → GIP

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 GEL
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

GEL — Georgian Lari
ISO Code GEL
Central Bank National Bank of Georgia
Common Notes 1, 2, 5, 10, 20, 50, 100, 200
Learn more about GEL
GIP — Gibraltar Pound
ISO Code GIP
Symbol £
Central Bank Government of Gibraltar
Common Notes £5, £10, £20, £50, £100
Learn more about GIP

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.