Georgian Lari russian ruble history for October 2023. The highest quote for this month is 38.069 (06/10/2023) and the lowest 37.774 (07/10/2023). The difference between high and low is 0.77.
GEL RUB average rate for October 2023 is 36.06824, the change between 01/10/2023 and 31/10/2023 is +7.15 %.
| 03 October 2023 | 1 GEL = 36.98 RUB |
| 04 October 2023 | 1 GEL = 37.81 RUB |
| 06 October 2023 | 1 GEL = 37.51 RUB |
| 07 October 2023 | 1 GEL = 37.77 RUB |
| 10 October 2023 | 1 GEL = 37.33 RUB |
| 11 October 2023 | 1 GEL = 37.56 RUB |
| 12 October 2023 | 1 GEL = 36.38 RUB |
| 13 October 2023 | 1 GEL = 36.34 RUB |
| 16 October 2023 | 1 GEL = 36.33 RUB |
| 17 October 2023 | 1 GEL = 36.21 RUB |
| 18 October 2023 | 1 GEL = 36.53 RUB |
| 20 October 2023 | 1 GEL = 35.80 RUB |
| 21 October 2023 | 1 GEL = 35.62 RUB |
| 23 October 2023 | 1 GEL = 35.53 RUB |
| 24 October 2023 | 1 GEL = 35.16 RUB |
| 25 October 2023 | 1 GEL = 34.74 RUB |
| 26 October 2023 | 1 GEL = 34.86 RUB |
| 27 October 2023 | 1 GEL = 34.73 RUB |
| 28 October 2023 | 1 GEL = 34.95 RUB |
| 30 October 2023 | 1 GEL = 34.96 RUB |
| 31 October 2023 | 1 GEL = 34.33 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.