Lari
New Design and Upgraded Security for Lari (GEL) Banknotes
| 0 viewsOn 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, I got it at local Procredit ATM. My first thought was that I have probably by accident…
GEL to USD exchange rates Mid - April 2014
| 1 viewsIt 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 national currency Lari. During the past 4 years, GEL has lost its value against USD by -27.51%…
GEL continues to be weak against USD - is it time to start get worried?
| 2 viewsAt the end of December I made post about that Georgian lari continues to be weak agains USD. Today I decided to see what exchange rates are for today (07.01.2014)And for my surprise GEL CONTINUES to be weak against USD, so much, that for me it seems…