Historic Samoan Tala Georgian Lari

Samoan Tala georgian lari history for October 2023. The highest quote for this month is 1.0019 (21/10/2023) and the lowest 1.0053 (31/10/2023). The difference between high and low is -0.34.

WST GEL average rate for October 2023 is 0.97782, the change between 01/10/2023 and 31/10/2023 is -4.95 %.

03 October 20231 WST = 0.9579 GEL
04 October 20231 WST = 0.9576 GEL
06 October 20231 WST = 0.9617 GEL
07 October 20231 WST = 0.9930 GEL
10 October 20231 WST = 0.9578 GEL
11 October 20231 WST = 0.9958 GEL
13 October 20231 WST = 0.9656 GEL
16 October 20231 WST = 0.9647 GEL
17 October 20231 WST = 0.9663 GEL
18 October 20231 WST = 0.9639 GEL
20 October 20231 WST = 1.002 GEL
21 October 20231 WST = 1.002 GEL
23 October 20231 WST = 1.002 GEL
24 October 20231 WST = 1.002 GEL
25 October 20231 WST = 1.003 GEL
26 October 20231 WST = 0.9625 GEL
27 October 20231 WST = 0.9638 GEL
28 October 20231 WST = 0.9630 GEL
30 October 20231 WST = 0.9658 GEL
31 October 20231 WST = 1.005 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.