Historic Georgian Lari Samoan Tala

Georgian Lari samoan tala history for February 2024. The highest quote for this month is 1.0433 (14/02/2024) and the lowest 1.0383 (20/02/2024). The difference between high and low is 0.48.

GEL WST average rate for February 2024 is 1.02875, the change between 01/02/2024 and 29/02/2024 is -1.21 %.

01 February 20241 GEL = 1.023 WST
02 February 20241 GEL = 1.025 WST
03 February 20241 GEL = 1.028 WST
05 February 20241 GEL = 1.033 WST
06 February 20241 GEL = 1.037 WST
07 February 20241 GEL = 1.010 WST
08 February 20241 GEL = 1.012 WST
09 February 20241 GEL = 1.037 WST
12 February 20241 GEL = 1.035 WST
13 February 20241 GEL = 1.036 WST
14 February 20241 GEL = 1.015 WST
15 February 20241 GEL = 1.016 WST
16 February 20241 GEL = 1.017 WST
17 February 20241 GEL = 1.018 WST
19 February 20241 GEL = 1.040 WST
20 February 20241 GEL = 1.038 WST
21 February 20241 GEL = 1.036 WST
22 February 20241 GEL = 1.035 WST
23 February 20241 GEL = 1.033 WST
24 February 20241 GEL = 1.032 WST
26 February 20241 GEL = 1.032 WST
27 February 20241 GEL = 1.034 WST
28 February 20241 GEL = 1.032 WST
29 February 20241 GEL = 1.036 WST

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.