GEL

How To Transfer USD to GEL (and many other currencies) Using TransferWise
In March 2020, GEL/USD exchange rates dropped to 1 USD = GEL 3.4 (I still remember days, when rates were 1 USD, equaled 1.74 GEL). Most of the...
Direct GEL deposits are back on Mintos.com Platform
Yesterday, on October 16, 2018 I noticed that direct GEL deposits are back again on Mintos.com platform. I first heard about Mintos.com peer to...
During the past 4 years GEL has lost its value against USD by -27.51%
It has been a while since I last time examined GEL/USD exchange rates. It seems more than four years have passed already. Back in 2014, I was concerned...
Bond Market Overview in Georgia (Fixed Income) 2017
Investments in Georgia, have been on my focus, probably since the day one since I relocated here (see: Living in Georgia), back in 2011. Unfortunately, it was...
Average Salary in Georgia 2016 - $ 389
Average salary in the Republic of Georgia at the end of the second quarter (Q2) of 2016 was GEL 1035.98 equaling about USD 389. For the simplicity of...
Actual Price Index at Tbilisi Market - March 2016
Yup, another hipster style article about actual prices for consumer goods at local Tbilisi market (Bazroba). It has been a while since I decided to...
New Design and Upgraded Security for Lari (GEL) Banknotes
On February 1st, 2016 the National Bank of Georgia issued upgraded Lari banknotes. It was mid February when first upgraded banknote ended up im my hands,...
My Savings Report January 2015 - GEL Loses It's Value Against USD For 14% Since September
A time ago, in September 2014, I started to save some money, I was so eager to save money, that I even started a new category on my blog - 'Savings Reports...
Opening a Bank Account in Republic of Georgia
Although I have been living in Georgia already more than 3 years  - I didn't have my personal bank account in Georgia. Since there is new law- asking for...
GEL to USD exchange rates start of May
According to exchange rates issued by National Bank of Georgia, USD to GEL exchange rates on 02.05.2014 are 1.7700, what is up by 0.0185 if compared to...
GEL to USD exchange rates Mid - April 2014
It has been awhile since I last time examined GEL/USD exchange rates. Last time I did that, I was pretty worried about hidden devaluation of Georgian...
GEL continues to be weak against USD
Exchange rates for 1 Georgian Lari on December 23.12.2013 has been set to 1.7168 according to National Bank of Georgia. In Tbilisi money exchange points,...