Historic Georgian Lari Singapore dollar

Georgian Lari singapore dollar history for February 2024. The highest quote for this month is 0.51179 (16/02/2024) and the lowest 0.51109 (17/02/2024). The difference between high and low is 0.14.

GEL SGD average rate for February 2024 is 0.50813, the change between 01/02/2024 and 29/02/2024 is -1.22 %.

01 February 20241 GEL = 0.5017 SGD
02 February 20241 GEL = 0.5011 SGD
03 February 20241 GEL = 0.5047 SGD
05 February 20241 GEL = 0.5053 SGD
06 February 20241 GEL = 0.5074 SGD
07 February 20241 GEL = 0.5066 SGD
08 February 20241 GEL = 0.5070 SGD
09 February 20241 GEL = 0.5088 SGD
10 February 20241 GEL = 0.5091 SGD
12 February 20241 GEL = 0.5087 SGD
13 February 20241 GEL = 0.5089 SGD
14 February 20241 GEL = 0.5114 SGD
15 February 20241 GEL = 0.5108 SGD
16 February 20241 GEL = 0.5106 SGD
17 February 20241 GEL = 0.5111 SGD
19 February 20241 GEL = 0.5109 SGD
20 February 20241 GEL = 0.5110 SGD
21 February 20241 GEL = 0.5096 SGD
22 February 20241 GEL = 0.5090 SGD
23 February 20241 GEL = 0.5084 SGD
24 February 20241 GEL = 0.5083 SGD
26 February 20241 GEL = 0.5083 SGD
27 February 20241 GEL = 0.5087 SGD
28 February 20241 GEL = 0.5079 SGD
29 February 20241 GEL = 0.5078 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.