Historic Georgian Lari Moldovan Leu

Georgian Lari moldovan leu history for October 2023. The highest quote for this month is 6.8034 (07/10/2023) and the lowest 6.7429 (21/10/2023). The difference between high and low is 0.89.

GEL MDL average rate for October 2023 is 6.67772, the change between 01/10/2023 and 31/10/2023 is +0.94 %.

03 October 20231 GEL = 6.73 MDL
04 October 20231 GEL = 6.72 MDL
06 October 20231 GEL = 6.71 MDL
07 October 20231 GEL = 6.80 MDL
10 October 20231 GEL = 6.75 MDL
11 October 20231 GEL = 6.72 MDL
12 October 20231 GEL = 6.66 MDL
13 October 20231 GEL = 6.63 MDL
16 October 20231 GEL = 6.62 MDL
17 October 20231 GEL = 6.63 MDL
18 October 20231 GEL = 6.66 MDL
20 October 20231 GEL = 6.68 MDL
21 October 20231 GEL = 6.74 MDL
23 October 20231 GEL = 6.67 MDL
24 October 20231 GEL = 6.67 MDL
25 October 20231 GEL = 6.65 MDL
26 October 20231 GEL = 6.61 MDL
27 October 20231 GEL = 6.61 MDL
28 October 20231 GEL = 6.68 MDL
30 October 20231 GEL = 6.62 MDL
31 October 20231 GEL = 6.66 MDL

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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

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.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of the 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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.