National bank of Georgia

GEL to USD exchange rates start of May

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<p>According to exchange rates issued by National Bank of Georgia, USD to GEL exchange rates on 02.05.2014 are&nbsp;<strong>1.7700</strong>, what is up by <strong>0.0185</strong> if <a href="http://www.…


GEL to USD exchange rates Mid - April 2014

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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 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?

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At 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…


USD Value Increases Against GEL in 2013: Is It Worth the Panic?

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If you're keeping an eye on the exchange rates, you might have noticed that the US dollar has been steadily gaining strength and by December 2013, it reached its peak. The exchange rate for 1 Georgian Lari on December 23, 2013 was set to 1.7168…