Georgian Lari russian ruble history for September 2023. The highest quote for this month is 37.583 (06/09/2023) and the lowest 36.951 (06/09/2023). The difference between high and low is 1.68.
GEL RUB average rate for September 2023 is 36.2825, the change between 01/09/2023 and 30/09/2023 is +1.62 %.
01 September 2023 | 1 GEL = 36.59 RUB |
05 September 2023 | 1 GEL = 36.80 RUB |
06 September 2023 | 1 GEL = 36.95 RUB |
18 September 2023 | 1 GEL = 36.89 RUB |
22 September 2023 | 1 GEL = 35.87 RUB |
23 September 2023 | 1 GEL = 35.66 RUB |
26 September 2023 | 1 GEL = 35.67 RUB |
27 September 2023 | 1 GEL = 36.26 RUB |
29 September 2023 | 1 GEL = 36.14 RUB |
30 September 2023 | 1 GEL = 36.00 RUB |
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.