The euro eased to 2.9721 lari on 26 September from 2.9941 on 22 September, a fall of 0.0220 and the clearest move of the week. Measured from 17 September, when the euro stood at 3.0084 lari, the decline comes to 0.0363.

The dollar did not follow. It was quoted at 2.6080 lari on 26 September against 2.6074 on 22 September, effectively unchanged. Both rates ran through the same mid-window high on 24 September — 2.6229 for the dollar and 7.2157 lari per 1000 Armenian dram — before retreating over the last two sessions, with the dollar giving back 0.0149 of that move.

For companies with euro-denominated costs or contracts, settlement at the end of the window was marginally cheaper than at its start, while dollar-settled trade saw no change worth pricing in. The Russian rouble at 3.0937 lari per 100 and the Turkish lira at 0.0533 lari ended close to where they began.

Georgia ExchangeRates Lari

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_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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