Historic Japanese Yen Georgian Lari

Japanese Yen georgian lari history for February 2024. The highest quote for this month is 0.018162 (01/02/2024) and the lowest 0.01831 (01/02/2024). The difference between high and low is -0.81.

JPY GEL average rate for February 2024 is 0.01769, the change between 01/02/2024 and 29/02/2024 is +3.2 %.

01 February 20241 JPY = 0.0182 GEL
02 February 20241 JPY = 0.0182 GEL
05 February 20241 JPY = 0.0179 GEL
06 February 20241 JPY = 0.0179 GEL
07 February 20241 JPY = 0.0179 GEL
08 February 20241 JPY = 0.0179 GEL
09 February 20241 JPY = 0.0177 GEL
12 February 20241 JPY = 0.0177 GEL
13 February 20241 JPY = 0.0177 GEL
14 February 20241 JPY = 0.0175 GEL
15 February 20241 JPY = 0.0175 GEL
16 February 20241 JPY = 0.0176 GEL
17 February 20241 JPY = 0.0175 GEL
19 February 20241 JPY = 0.0175 GEL
20 February 20241 JPY = 0.0175 GEL
21 February 20241 JPY = 0.0176 GEL
22 February 20241 JPY = 0.0176 GEL
23 February 20241 JPY = 0.0175 GEL
24 February 20241 JPY = 0.0176 GEL
26 February 20241 JPY = 0.0176 GEL
27 February 20241 JPY = 0.0176 GEL
28 February 20241 JPY = 0.0176 GEL
29 February 20241 JPY = 0.0176 GEL

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

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.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

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.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.