Historic Georgian Lari Bermudian dollar

Georgian Lari bermudian dollar history for January 2024. The highest quote for this month is 0.37774 (17/01/2024) and the lowest 0.37774 (17/01/2024). The difference between high and low is 0.

GEL BMD average rate for January 2024 is 0.37508, the change between 01/01/2024 and 31/01/2024 is -0.25 %.

01 January 20241 GEL = 0.3732 BMD
02 January 20241 GEL = 0.3732 BMD
03 January 20241 GEL = 0.3732 BMD
04 January 20241 GEL = 0.3733 BMD
05 January 20241 GEL = 0.3736 BMD
06 January 20241 GEL = 0.3736 BMD
08 January 20241 GEL = 0.3736 BMD
09 January 20241 GEL = 0.3734 BMD
10 January 20241 GEL = 0.3734 BMD
11 January 20241 GEL = 0.3734 BMD
12 January 20241 GEL = 0.3742 BMD
13 January 20241 GEL = 0.3754 BMD
15 January 20241 GEL = 0.3754 BMD
16 January 20241 GEL = 0.3776 BMD
17 January 20241 GEL = 0.3777 BMD
18 January 20241 GEL = 0.3774 BMD
19 January 20241 GEL = 0.3777 BMD
22 January 20241 GEL = 0.3777 BMD
23 January 20241 GEL = 0.3775 BMD
24 January 20241 GEL = 0.3769 BMD
25 January 20241 GEL = 0.3761 BMD
26 January 20241 GEL = 0.3750 BMD
27 January 20241 GEL = 0.3752 BMD
29 January 20241 GEL = 0.3752 BMD
30 January 20241 GEL = 0.3749 BMD
31 January 20241 GEL = 0.3742 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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