Historic Georgian Lari Russian ruble

Georgian Lari russian ruble history for December 2023. The highest quote for this month is 34.95 (07/12/2023) and the lowest 34.64 (09/12/2023). The difference between high and low is 0.89.

GEL RUB average rate for December 2023 is 34.02848, the change between 01/12/2023 and 31/12/2023 is +1.1 %.

01 December 20231 GEL = 33.33 RUB
02 December 20231 GEL = 33.86 RUB
04 December 20231 GEL = 33.87 RUB
05 December 20231 GEL = 34.07 RUB
06 December 20231 GEL = 33.60 RUB
07 December 20231 GEL = 34.67 RUB
08 December 20231 GEL = 34.62 RUB
09 December 20231 GEL = 34.64 RUB
11 December 20231 GEL = 34.64 RUB
12 December 20231 GEL = 34.20 RUB
13 December 20231 GEL = 33.89 RUB
14 December 20231 GEL = 33.52 RUB
15 December 20231 GEL = 33.44 RUB
16 December 20231 GEL = 33.92 RUB
18 December 20231 GEL = 33.92 RUB
19 December 20231 GEL = 33.89 RUB
20 December 20231 GEL = 33.85 RUB
21 December 20231 GEL = 33.66 RUB
22 December 20231 GEL = 34.67 RUB
23 December 20231 GEL = 34.47 RUB
25 December 20231 GEL = 34.39 RUB
26 December 20231 GEL = 34.31 RUB
27 December 20231 GEL = 34.17 RUB
28 December 20231 GEL = 34.16 RUB
29 December 20231 GEL = 32.96 RUB

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.

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.

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.

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.

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.