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Special Report

July 10, 2018

Previous Issues:  Days: < 13 15 10 12 03 > 

 

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economics

    EXTERNAL FACTORS AFFECTING THE VALUE OF GEORGIAN LARI EXCHANGE RATE

    PMCG

    For the period of 2014 to 2017, in every first quarter of each year compared to the first quarter of the previous year, the nominal exchange rate of the Georgian Lari (GEL) against the US Dollar (USD) depreciated. This trend stopped this year though as in the first quarter of 2018, compared to the first quarter of 2017, the GEL appreciated by 4.5% and the value of 1 USD was equal to 2.49 GEL (average exchange rate in the first quarter of 2018).


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Exchange Rates (NBG)
  11/16/18 + / -
  USD   2.6727   0.0091
  EUR   3.0268   0.0031
  RUR   4.0447   0.0262
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