Samoan Tala georgian lari history for December 2023. The highest quote for this month is 1.0045 (02/12/2023) and the lowest 1.0107 (04/12/2023). The difference between high and low is -0.62.
WST GEL average rate for December 2023 is 0.99601, the change between 01/12/2023 and 31/12/2023 is -1.05 %.
01 December 2023 | 1 WST = 0.9892 GEL |
02 December 2023 | 1 WST = 1.005 GEL |
04 December 2023 | 1 WST = 1.005 GEL |
05 December 2023 | 1 WST = 1.001 GEL |
06 December 2023 | 1 WST = 0.9837 GEL |
07 December 2023 | 1 WST = 0.9983 GEL |
08 December 2023 | 1 WST = 0.9957 GEL |
11 December 2023 | 1 WST = 0.9921 GEL |
12 December 2023 | 1 WST = 0.9717 GEL |
13 December 2023 | 1 WST = 0.9936 GEL |
14 December 2023 | 1 WST = 0.9940 GEL |
15 December 2023 | 1 WST = 0.9982 GEL |
16 December 2023 | 1 WST = 0.9966 GEL |
18 December 2023 | 1 WST = 0.9966 GEL |
19 December 2023 | 1 WST = 0.9961 GEL |
20 December 2023 | 1 WST = 0.9969 GEL |
21 December 2023 | 1 WST = 0.9981 GEL |
22 December 2023 | 1 WST = 0.9991 GEL |
23 December 2023 | 1 WST = 0.9990 GEL |
26 December 2023 | 1 WST = 0.9938 GEL |
27 December 2023 | 1 WST = 1.000 GEL |
28 December 2023 | 1 WST = 1.001 GEL |
29 December 2023 | 1 WST = 1.001 GEL |
30 December 2023 | 1 WST = 0.9996 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.