The Russian rouble was the largest mover against the lari on 12 August: 100 roubles were worth 3.1846 GEL, up from 3.1687 GEL on 11 August. Even after that rise the rate sits below the 3.2024 GEL of 8 August, so across the three sessions shown the rouble has lost ground against the lari. For households receiving remittances from Russia, the amount converted depends noticeably on the day.

The Armenian dram traced a similar path: 1000 drams were worth 7.1317 GEL on 12 August, marginally above 7.1287 GEL a day earlier but below 7.1612 GEL on 8 August.

The currencies that carry most of Georgia's trade settlement barely moved. The euro eased to 3.0214 GEL from 3.0274 GEL, leaving it almost exactly where it stood on 8 August at 3.0212 GEL. The US dollar was 2.6191 GEL against 2.6198 GEL, the Azerbaijani manat 1.5409 GEL against 1.5411 GEL, and the Turkish lira held at 0.0549 GEL through all three sessions. For importers and exporters settling in dollars or euros, costs are unchanged in any practical sense.

ExchangeRates Georgia GEL

Figures in this post

Every number below was checked against the source before publication.

  • FX_AMD_GEL Armenian dram to lari National Bank of Georgia
  • FX_AZN_GEL Azerbaijani manat to lari National Bank of Georgia
  • FX_EUR_GEL Euro to lari National Bank of Georgia
  • FX_RUB_GEL Russian rouble to lari National Bank of Georgia
  • FX_TRY_GEL Turkish lira to lari National Bank of Georgia
  • FX_USD_GEL US dollar to lari National Bank of Georgia

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