30/06/2020: Introduction of new banknotes
New banknotes of the Croatian kuna were introduced to enhance security features and improve durability.
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.
30/06/2013: Croatia becomes EU member
Croatia officially became a member of the European Union, strengthening the integration of the kuna within the European financial system.
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.
30/06/2008: The Croatian National Bank takes over currency issuance
The Croatian National Bank started issuing all denominations of kuna banknotes, taking over this responsibility from the Croatian Monetary Institute.
30/06/2004: Croatia joins EU Exchange Rate Mechanism
Croatia joined the European Union Exchange Rate Mechanism, a precursor to adopting the Euro as the country's currency.
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.
14/11/1999: Currency stabilization
The Croatian National Bank implemented measures to stabilize the value of the kuna, reducing inflation and ensuring economic stability.
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.
30/06/1997: Kuna becomes convertible currency
The Croatian Kuna became a fully convertible currency, allowing for free exchange and trade.
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.
29/05/1994: Introduction of the Croatian Kuna
The Croatian kuna was introduced as the official currency of Croatia, replacing the Yugoslav Dinar.