Historic Samoan Tala Georgian Lari

Samoan Tala georgian lari history for November 2023. The highest quote for this month is 1.0031 (13/11/2023) and the lowest 1.0087 (06/11/2023). The difference between high and low is -0.56.

WST GEL average rate for November 2023 is 0.98697, the change between 01/11/2023 and 30/11/2023 is -2.73 %.

01 November 20231 WST = 0.9654 GEL
06 November 20231 WST = 0.9805 GEL
07 November 20231 WST = 1.006 GEL
08 November 20231 WST = 1.004 GEL
09 November 20231 WST = 0.9699 GEL
10 November 20231 WST = 0.9686 GEL
11 November 20231 WST = 1.003 GEL
13 November 20231 WST = 1.003 GEL
14 November 20231 WST = 1.002 GEL
15 November 20231 WST = 0.9748 GEL
16 November 20231 WST = 0.9768 GEL
17 November 20231 WST = 0.9745 GEL
18 November 20231 WST = 0.9736 GEL
20 November 20231 WST = 1.003 GEL
21 November 20231 WST = 1.003 GEL
22 November 20231 WST = 0.9806 GEL
23 November 20231 WST = 0.9820 GEL
27 November 20231 WST = 0.9861 GEL
28 November 20231 WST = 0.9877 GEL
29 November 20231 WST = 0.9904 GEL
30 November 20231 WST = 0.9918 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.