Historic Georgian Lari Kyrgyzstani som

Georgian Lari kyrgyzstani som history for July 2023. The highest quote for this month is 33.628 (04/07/2023) and the lowest 33.582 (04/07/2023). The difference between high and low is 0.14.

GEL KGS average rate for July 2023 is 33.628, the change between 01/07/2023 and 31/07/2023 is 0 %.

04 July 20231 GEL = 33.63 KGS

01/01/2022: Transition to Central Bank of Russia Currency

Kyrgyzstan joined the Eurasian Economic Union and adopted the Russian ruble as its official currency, replacing the Kyrgyzstani Som.

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

13/03/2020: COVID-19 Pandemic Effects

The COVID-19 pandemic caused economic disruptions and uncertainty, affecting the Kyrgyzstani Som's exchange rate.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

20/05/2014: Kazakhstani Tenge Devaluation

Kazakhstan devalued its currency, the tenge, which had a significant impact on the Kyrgyzstani Som, leading to its depreciation.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

07/04/2010: Protests and Political Unrest

Large-scale protests and political unrest erupted in Kyrgyzstan, causing instability and impacting the value of the Som.

01/12/2008: Global Financial Crisis Impact

The global financial crisis led to a sharp depreciation of the Kyrgyzstani Som, affecting the country's economy.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

01/11/1995: Introduction of New Som

The Kyrgyzstani government introduced the new som, with 1 new som being equivalent to 200 old som.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

10/05/1993: Introduction of the Kyrgyzstani Som

The Kyrgyzstani Som was introduced as the official currency of Kyrgyzstan, replacing the Soviet ruble.