Historic Georgian Lari Bermudian dollar

Georgian Lari bermudian dollar history for December 2023. The highest quote for this month is 0.37617 (12/12/2023) and the lowest 0.37617 (12/12/2023). The difference between high and low is 0.

GEL BMD average rate for December 2023 is 0.37368, the change between 01/12/2023 and 31/12/2023 is -0.72 %.

01 December 20231 GEL = 0.3706 BMD
02 December 20231 GEL = 0.3714 BMD
04 December 20231 GEL = 0.3714 BMD
05 December 20231 GEL = 0.3725 BMD
06 December 20231 GEL = 0.3726 BMD
07 December 20231 GEL = 0.3737 BMD
08 December 20231 GEL = 0.3747 BMD
09 December 20231 GEL = 0.3760 BMD
11 December 20231 GEL = 0.3760 BMD
12 December 20231 GEL = 0.3762 BMD
13 December 20231 GEL = 0.3755 BMD
14 December 20231 GEL = 0.3753 BMD
15 December 20231 GEL = 0.3737 BMD
16 December 20231 GEL = 0.3743 BMD
18 December 20231 GEL = 0.3743 BMD
19 December 20231 GEL = 0.3745 BMD
20 December 20231 GEL = 0.3742 BMD
21 December 20231 GEL = 0.3738 BMD
22 December 20231 GEL = 0.3734 BMD
23 December 20231 GEL = 0.3734 BMD
25 December 20231 GEL = 0.3734 BMD
26 December 20231 GEL = 0.3731 BMD
27 December 20231 GEL = 0.3730 BMD
28 December 20231 GEL = 0.3729 BMD
29 December 20231 GEL = 0.3727 BMD
30 December 20231 GEL = 0.3732 BMD

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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

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.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.
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