Georgian currency: the banknote denominations and the exchange rate in relation to leading currencies of the world

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2018-03-25 03:36:07

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After the collapse of the Soviet Union, each newly formed independent state got its own currency. The Georgian currency is called lari. Introduced in 1995.

Georgian currency: coin

In the monetary everyday life of the country banknotes and coins (tetri). First, let's talk about the latter. The population at the moment is coins, edition 1993 and 2006. In 1993, issued coins of small denomination (1, 2, 5, 10, 20 and 50 tetri). All of them except 50 tetri, made of stainless steel. The coin is made of a more expensive alloy. In 2006, the Georgian national Bank has updated the coin 50 tetri and also issued new coins - 1 and 2 lari.

Georgian currency

Like any other country, Georgia produces commemorative coins. They are made of precious metals. During the years of independence in everyday life has received coins from 1 to 1000 gel from gold and silver.

Banknotes

Denominations - from 1 to 200. At the moment, according to statistics, the population uses less paper money than metal. In circulation are banknotes of two series (1995-2006 year and 2016). In the first series was released all the necessary values. Note that the paper bills are different sizes. For example, a value of 1, 2, 5 LR released size 115 to 61 mm. Bill 10 gel a bit more - 125Х63 mm. Length 20 bills units is 131 mm, width 65 mm Dimensions a banknote in 50 units more at 4 and 1 mm, respectively. The values of 100 and 200 LR are also more above 3-4 mm, respectively.

Georgian currency, the lari

In 2016, the Georgian currency, the lari has slightly updated its appearance. The national Bank issued denominations of 20, 50 and 100. Updated versions have several advantages in comparison with the previous version:

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- more levels of protection;

- a more modern design;

- are removed from circulation the worn-out banknotes.

Gel - strong currency

For a Long time, the level of economic development of Georgia was very weak. Economists mark the beginning of a qualitative leap in terms of development and economic recovery, in particular with the presidency of Mikhail Saakashvili. The Georgian currency has significantly strengthened its position against other currencies. What is the exchange rate of lari against the dollar? One dollar is 2,14 gel. Will tell you about the courses and to other monetary units. So, for 1000 rubles give 32 lari per 1 Euro of 2.42. For 3,11 gel to buy 1 British pound.

The stability of the currency is an indication of the stability of the economy of the state. Over the last few years the Georgian currency has experienced major exchange rate fluctuations, so you can make a prediction that it will be stable and beyond.


Article in other languages:

AR: https://tostpost.com/ar/finance/8979-georgian-currency-the-banknote-denominations-and-the-exchange-rate-in-.html

BE: https://tostpost.com/be/f-nansy/16089-gruz-nskaya-valyuta-nam-naly-banknot-kurs-pa-adnos-nah-da-vyaduchyh-va.html

DE: https://tostpost.com/de/finanzen/16095-die-georgische-w-hrung-banknoten-nennwerte-und-der-kurs-gegen-ber-den-.html

ES: https://tostpost.com/es/finanzas/16104-georgia-moneda-los-valores-nominales-de-los-billetes-de-banco-y-el-tip.html

HI: https://tostpost.com/hi/finance/8984-georgian-currency-the-banknote-denominations-and-the-exchange-rate-in-.html

JA: https://tostpost.com/ja/finance/8983-georgian-currency-the-banknote-denominations-and-the-exchange-rate-in-.html

KK: https://tostpost.com/kk/arzhy/16090-gruzin-valyutasy-nominaly-banknottar-men-kurs-a-atysty-zheteksh-lem-va.html

PL: https://tostpost.com/pl/finanse/16061-gruzi-ska-waluta-nomina-y-banknot-w-i-kurs-w-stosunku-do-wiod-cych-wal.html

PT: https://tostpost.com/pt/finan-as/16063-o-georgian-a-moeda-denomina-es-de-notas-e-a-taxa-de-c-mbio-em-rela-o-s.html

TR: https://tostpost.com/tr/maliye/16095-g-rc-para-birimi-s-rekli-oy-banknot-ve-ders-ile-ilgili-olarak-d-nyan-n.html

UK: https://tostpost.com/uk/f-nansi/16077-gruzins-ka-valyuta-nom-nali-banknot-kurs-po-v-dnoshennyu-do-prov-dnih-.html

ZH: https://tostpost.com/zh/finance/9778-georgian-currency-the-banknote-denominations-and-the-exchange-rate-in-.html






Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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