Georgian Lari samoan tala history for October 2023. The highest quote for this month is 1.0443 (04/10/2023) and the lowest 1.0443 (04/10/2023). The difference between high and low is 0.
GEL WST average rate for October 2023 is 1.02308, the change between 01/10/2023 and 31/10/2023 is +4.72 %.
03 October 2023 | 1 GEL = 1.044 WST |
04 October 2023 | 1 GEL = 1.044 WST |
06 October 2023 | 1 GEL = 1.040 WST |
07 October 2023 | 1 GEL = 1.007 WST |
10 October 2023 | 1 GEL = 1.044 WST |
11 October 2023 | 1 GEL = 1.004 WST |
13 October 2023 | 1 GEL = 1.036 WST |
16 October 2023 | 1 GEL = 1.037 WST |
17 October 2023 | 1 GEL = 1.035 WST |
18 October 2023 | 1 GEL = 1.038 WST |
20 October 2023 | 1 GEL = 0.9980 WST |
21 October 2023 | 1 GEL = 0.9981 WST |
23 October 2023 | 1 GEL = 0.9981 WST |
24 October 2023 | 1 GEL = 0.9976 WST |
25 October 2023 | 1 GEL = 0.9966 WST |
26 October 2023 | 1 GEL = 1.039 WST |
27 October 2023 | 1 GEL = 1.038 WST |
28 October 2023 | 1 GEL = 1.038 WST |
30 October 2023 | 1 GEL = 1.036 WST |
31 October 2023 | 1 GEL = 0.9947 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.