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Daily News: Economics
May 13, 2022


NBG: IN Q1, LARI NOMINAL RATE AGAINST THE US DOLLAR STRENGTHENED BY 0.5% ON AVERAGE Q-O-Q

National Bank of Georgia (NBG) reported that in the 1st quarter, nominal exchange rate of Georgian national currency against the US dollar has strengthened quarter-on-quarter by 0.5% on average.

The official exchange rate, set by NBG for December 31, 2021, made up 3.0976 GEL/USD, while for March 31 this year – 3.1013 GEL/USD.

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Exchange Rates (NBG)
  05/20/22 + / -
  USD   2.9036   0.0226
  EUR   3.0738   0.0051
  RUR   4.7604   0.0502
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