Historic Georgian Lari Samoan Tala

Georgian Lari samoan tala history for January 2024. The highest quote for this month is 1.0348 (23/01/2024) and the lowest 1.0348 (23/01/2024). The difference between high and low is 0.

GEL WST average rate for January 2024 is 1.0129, the change between 01/01/2024 and 31/01/2024 is -0.23 %.

01 January 20241 GEL = 1.000 WST
02 January 20241 GEL = 1.003 WST
03 January 20241 GEL = 1.009 WST
04 January 20241 GEL = 1.000 WST
05 January 20241 GEL = 1.001 WST
06 January 20241 GEL = 1.001 WST
08 January 20241 GEL = 1.001 WST
09 January 20241 GEL = 1.001 WST
10 January 20241 GEL = 1.001 WST
11 January 20241 GEL = 1.001 WST
12 January 20241 GEL = 1.003 WST
15 January 20241 GEL = 1.006 WST
16 January 20241 GEL = 1.012 WST
17 January 20241 GEL = 1.033 WST
18 January 20241 GEL = 1.034 WST
19 January 20241 GEL = 1.012 WST
22 January 20241 GEL = 1.033 WST
23 January 20241 GEL = 1.035 WST
24 January 20241 GEL = 1.033 WST
25 January 20241 GEL = 1.029 WST
26 January 20241 GEL = 1.005 WST
29 January 20241 GEL = 1.028 WST
30 January 20241 GEL = 1.025 WST
31 January 20241 GEL = 1.003 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.