Historic Russian ruble Georgian Lari

Russian ruble georgian lari history for February 2024. The highest quote for this month is 0.029693 (01/02/2024) and the lowest 0.029693 (01/02/2024). The difference between high and low is 0.

RUB GEL average rate for February 2024 is 0.02888, the change between 01/02/2024 and 29/02/2024 is +2.83 %.

01 February 20241 RUB = 0.0297 GEL
02 February 20241 RUB = 0.0295 GEL
03 February 20241 RUB = 0.0292 GEL
05 February 20241 RUB = 0.0292 GEL
06 February 20241 RUB = 0.0292 GEL
07 February 20241 RUB = 0.0293 GEL
08 February 20241 RUB = 0.0293 GEL
09 February 20241 RUB = 0.0290 GEL
10 February 20241 RUB = 0.0291 GEL
12 February 20241 RUB = 0.0289 GEL
13 February 20241 RUB = 0.0289 GEL
14 February 20241 RUB = 0.0289 GEL
15 February 20241 RUB = 0.0288 GEL
16 February 20241 RUB = 0.0286 GEL
17 February 20241 RUB = 0.0286 GEL
19 February 20241 RUB = 0.0285 GEL
20 February 20241 RUB = 0.0285 GEL
21 February 20241 RUB = 0.0286 GEL
22 February 20241 RUB = 0.0287 GEL
23 February 20241 RUB = 0.0284 GEL
24 February 20241 RUB = 0.0282 GEL
26 February 20241 RUB = 0.0284 GEL
27 February 20241 RUB = 0.0288 GEL
28 February 20241 RUB = 0.0288 GEL
29 February 20241 RUB = 0.0289 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.

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.