This document describes the design and implementation of a serial communication protocol conversion system and circular buffer in an FPGA for monitoring a Tesla meter. The system includes controllers for RS232 and RS485 serial communication, a protocol conversion unit between the two interfaces, and a circular buffer. The controllers are designed using Verilog HDL and implemented on a Spartan FPGA. Simulation and hardware results demonstrate that the system successfully converts between the RS232 and RS485 protocols in real-time and stores data in the circular buffer for offline analysis.