Historic Georgian Lari Russian ruble

Georgian Lari russian ruble history for January 2024. The highest quote for this month is 34.468 (04/01/2024) and the lowest 33.986 (04/01/2024). The difference between high and low is 1.4.

GEL RUB average rate for January 2024 is 33.60816, the change between 01/01/2024 and 31/01/2024 is -0.84 %.

01 January 20241 GEL = 33.30 RUB
02 January 20241 GEL = 33.30 RUB
03 January 20241 GEL = 33.74 RUB
04 January 20241 GEL = 34.33 RUB
05 January 20241 GEL = 34.11 RUB
06 January 20241 GEL = 33.94 RUB
08 January 20241 GEL = 33.96 RUB
09 January 20241 GEL = 33.94 RUB
10 January 20241 GEL = 33.94 RUB
11 January 20241 GEL = 33.94 RUB
12 January 20241 GEL = 33.63 RUB
15 January 20241 GEL = 33.74 RUB
16 January 20241 GEL = 33.94 RUB
17 January 20241 GEL = 33.22 RUB
18 January 20241 GEL = 33.45 RUB
19 January 20241 GEL = 33.47 RUB
22 January 20241 GEL = 33.77 RUB
23 January 20241 GEL = 33.22 RUB
24 January 20241 GEL = 33.16 RUB
25 January 20241 GEL = 33.35 RUB
26 January 20241 GEL = 33.00 RUB
27 January 20241 GEL = 33.67 RUB
29 January 20241 GEL = 33.02 RUB
30 January 20241 GEL = 33.47 RUB
31 January 20241 GEL = 33.58 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.