National bank of Georgia
GEL to USD exchange rates Mid - April 2014
| 2 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% What are historical exchange rates (January - April 12th, 2014) (Screenshot from National Bank of…
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 like hidden devaluation of national currency of Georgia - Lari. In last 14 days - Georgian lari…
USD Value Increases Against GEL in 2013: Is It Worth the Panic?
| 2 viewsIf 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 according to the National Bank of Georgia, and in Tbilisi's money exchange points, the value went even…