Historic Philippine peso Georgian Lari

Philippine peso georgian lari history for December 2023. The highest quote for this month is 0.048573 (01/12/2023) and the lowest 0.050987 (05/12/2023). The difference between high and low is -4.97.

PHP GEL average rate for December 2023 is 0.04828, the change between 01/12/2023 and 31/12/2023 is +0.24 %.

01 December 20231 PHP = 0.0486 GEL
02 December 20231 PHP = 0.0486 GEL
04 December 20231 PHP = 0.0487 GEL
05 December 20231 PHP = 0.0485 GEL
06 December 20231 PHP = 0.0487 GEL
07 December 20231 PHP = 0.0484 GEL
08 December 20231 PHP = 0.0482 GEL
11 December 20231 PHP = 0.0480 GEL
12 December 20231 PHP = 0.0479 GEL
13 December 20231 PHP = 0.0480 GEL
14 December 20231 PHP = 0.0480 GEL
15 December 20231 PHP = 0.0481 GEL
16 December 20231 PHP = 0.0479 GEL
18 December 20231 PHP = 0.0479 GEL
19 December 20231 PHP = 0.0480 GEL
20 December 20231 PHP = 0.0481 GEL
21 December 20231 PHP = 0.0481 GEL
22 December 20231 PHP = 0.0485 GEL
23 December 20231 PHP = 0.0483 GEL
25 December 20231 PHP = 0.0485 GEL
26 December 20231 PHP = 0.0484 GEL
27 December 20231 PHP = 0.0485 GEL
28 December 20231 PHP = 0.0483 GEL
29 December 20231 PHP = 0.0485 GEL

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.