Georgian Lari tanzanian shilling history for February 2024. The highest quote for this month is 976.08 (09/02/2024) and the lowest 963.83 (23/02/2024). The difference between high and low is 1.26.
GEL TZS average rate for February 2024 is 956.73583, the change between 01/02/2024 and 29/02/2024 is +0.07 %.
01 February 2024 | 1 GEL = 943.3 TZS |
02 February 2024 | 1 GEL = 954.2 TZS |
03 February 2024 | 1 GEL = 947.4 TZS |
05 February 2024 | 1 GEL = 940.9 TZS |
06 February 2024 | 1 GEL = 957.9 TZS |
07 February 2024 | 1 GEL = 959.6 TZS |
08 February 2024 | 1 GEL = 960.7 TZS |
09 February 2024 | 1 GEL = 953.8 TZS |
12 February 2024 | 1 GEL = 936.5 TZS |
13 February 2024 | 1 GEL = 966.9 TZS |
14 February 2024 | 1 GEL = 963.4 TZS |
15 February 2024 | 1 GEL = 960.8 TZS |
16 February 2024 | 1 GEL = 965.7 TZS |
17 February 2024 | 1 GEL = 962.3 TZS |
19 February 2024 | 1 GEL = 947.1 TZS |
20 February 2024 | 1 GEL = 967.8 TZS |
21 February 2024 | 1 GEL = 965.2 TZS |
22 February 2024 | 1 GEL = 964.0 TZS |
23 February 2024 | 1 GEL = 963.8 TZS |
24 February 2024 | 1 GEL = 962.5 TZS |
26 February 2024 | 1 GEL = 946.5 TZS |
27 February 2024 | 1 GEL = 965.0 TZS |
28 February 2024 | 1 GEL = 963.6 TZS |
29 February 2024 | 1 GEL = 942.7 TZS |
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.