Historic Georgian Lari Singapore dollar

Georgian Lari singapore dollar history for January 2024. The highest quote for this month is 0.50876 (17/01/2024) and the lowest 0.50663 (17/01/2024). The difference between high and low is 0.42.

GEL SGD average rate for January 2024 is 0.50051, the change between 01/01/2024 and 31/01/2024 is -1.79 %.

01 January 20241 GEL = 0.4923 SGD
02 January 20241 GEL = 0.4924 SGD
03 January 20241 GEL = 0.4950 SGD
04 January 20241 GEL = 0.4959 SGD
05 January 20241 GEL = 0.4966 SGD
06 January 20241 GEL = 0.4966 SGD
08 January 20241 GEL = 0.4968 SGD
09 January 20241 GEL = 0.4962 SGD
10 January 20241 GEL = 0.4970 SGD
11 January 20241 GEL = 0.4970 SGD
12 January 20241 GEL = 0.4975 SGD
13 January 20241 GEL = 0.4996 SGD
15 January 20241 GEL = 0.5000 SGD
16 January 20241 GEL = 0.5037 SGD
17 January 20241 GEL = 0.5071 SGD
18 January 20241 GEL = 0.5074 SGD
19 January 20241 GEL = 0.5075 SGD
22 January 20241 GEL = 0.5063 SGD
23 January 20241 GEL = 0.5067 SGD
24 January 20241 GEL = 0.5054 SGD
25 January 20241 GEL = 0.5038 SGD
26 January 20241 GEL = 0.5026 SGD
27 January 20241 GEL = 0.5032 SGD
29 January 20241 GEL = 0.5036 SGD
30 January 20241 GEL = 0.5022 SGD
31 January 20241 GEL = 0.5011 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.