The Russian rouble posted the largest move against the lari in the window from 7 to 17 October: 100 roubles were worth 3.0935 GEL on 17 October, against 3.0135 on 7 October, a gain of 0.0800 lari per 100, with the high of 3.1020 reached on 16 October.

The US dollar went the other way, and did so in every session shown, easing from 2.6025 on 7 October to 2.5982 on 17 October, a cumulative 0.0043. The Azerbaijani manat followed a similar path, down to 1.5284 from 1.5312, while the Turkish lira eased to 0.0525 from 0.0529.

The euro split the period in two. It slipped to 2.9066 on 13 October, then recovered to 2.9274 by 17 October, a rise of 0.0200 across the final three sessions and the highest euro reading in the window. Companies settling in euro therefore faced a visibly different week from those settling in dollars. At 7.1823 against 7.1783, 1000 Armenian dram barely moved.

Georgia ExchangeRates 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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