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Last updated:  Sep 29, 2023

Technomall

Official exchange rate

Currency Quantity Exchange Rate Difference Last 7 Days
USD Flag
USD
1 USD 2.6832 Exchange Rate Increased 0.0054 Rate
EUR Flag
EUR
1 EUR 2.827 Exchange Rate Increased 0.0011 Rate
TRY Flag
TRY
1 TRY 0.0979 Exchange Rate Decreased 0.0002 Rate
RUB Flag
RUB
100 RUB 2.7636 Exchange Rate Decreased 0.0067 Rate
GBP Flag
GBP
1 GBP 3.2719 Exchange Rate Increased 0.0197 Rate
AED Flag
AED
10 AED 7.3052 Exchange Rate Increased 0.0145 Rate
AMD Flag
AMD
1000 AMD 6.8633 Exchange Rate Increased 0.003 Rate
AUD Flag
AUD
1 AUD 1.7148 Exchange Rate Increased 0.0085 Rate
AZN Flag
AZN
1 AZN 1.5772 Exchange Rate Increased 0.0031 Rate
BGN Flag
BGN
1 BGN 1.4457 Exchange Rate Increased 0.0001 Rate
BRL Flag
BRL
1 BRL 0.5319 Exchange Rate Decreased 0.0047 Rate
BYN Flag
BYN
1 BYN 1.0656 Exchange Rate Increased 0.0022 Rate
CAD Flag
CAD
1 CAD 1.9884 Exchange Rate Increased 0.01 Rate
CHF Flag
CHF
1 CHF 2.9238 Exchange Rate Increased 0.0052 Rate
CNY Flag
CNY
10 CNY 3.674 Exchange Rate Increased 0.0119 Rate
CZK Flag
CZK
10 CZK 1.1586 Exchange Rate Increased 0.0038 Rate
DKK Flag
DKK
10 DKK 3.7916 Exchange Rate Increased 0.0019 Rate
EGP Flag
EGP
10 EGP 0.8685 Exchange Rate Increased 0.0004 Rate
HKD Flag
HKD
10 HKD 3.4281 Exchange Rate Increased 0.004 Rate
HUF Flag
HUF
100 HUF 0.7184 Exchange Rate Decreased 0.0036 Rate
ILS Flag
ILS
10 ILS 6.9819 Exchange Rate Increased 0.0096 Rate
INR Flag
INR
100 INR 3.2253 Exchange Rate Increased 0.0079 Rate
IRR Flag
IRR
10000 IRR 0.6389 Exchange Rate Increased 0.0013 Rate
ISK Flag
ISK
100 ISK 1.9507 Exchange Rate Increased 0.0004 Rate
JPY Flag
JPY
100 JPY 1.7969 Exchange Rate Increased 0.0021 Rate
KGS Flag
KGS
100 KGS 3.0411 Exchange Rate Increased 0.0061 Rate
KRW Flag
KRW
1000 KRW 1.9779 Exchange Rate Decreased 0.0065 Rate
KWD Flag
KWD
1 KWD 8.6779 Exchange Rate Increased 0.0203 Rate
KZT Flag
KZT
100 KZT 0.5665 Exchange Rate Increased 0.0081 Rate
MDL Flag
MDL
10 MDL 1.4743 Exchange Rate Decreased 0.001 Rate
NOK Flag
NOK
10 NOK 2.5024 Exchange Rate Increased 0.0188 Rate
NZD Flag
NZD
1 NZD 1.5984 Exchange Rate Increased 0.0099 Rate
PLN Flag
PLN
10 PLN 6.0982 Exchange Rate Decreased 0.0087 Rate
QAR Flag
QAR
10 QAR 7.3585 Exchange Rate Increased 0.0049 Rate
RON Flag
RON
10 RON 5.6822 Exchange Rate Increased 0.0018 Rate
RSD Flag
RSD
100 RSD 2.4125 Exchange Rate Increased 0.0006 Rate
SEK Flag
SEK
10 SEK 2.4357 Exchange Rate Increased 0.006 Rate
SGD Flag
SGD
1 SGD 1.9585 Exchange Rate Increased 0.0048 Rate
TJS Flag
TJS
10 TJS 2.456 Exchange Rate Increased 0.0049 Rate
TMT Flag
TMT
10 TMT 7.6663 Exchange Rate Increased 0.0154 Rate
UAH Flag
UAH
10 UAH 0.7265 Exchange Rate Increased 0.0014 Rate
UZS Flag
UZS
1000 UZS 0.2202 Exchange Rate Increased 0.0006 Rate
ZAR Flag
ZAR
10 ZAR 1.4013 Exchange Rate Increased 0.0025 Rate

Last updated : Sep 29, 2023

Exchange rate in banks

TBC Bank Scroll up
Currency Buy Sell
ZAR Flag
USD
2.6350 2.7250
ZAR Flag
EUR
2.7680 2.8980
ZAR Flag
GBP
3.2080 3.3480
- - -
Bank of Georgia Scroll up
Currency Buy Sell
ZAR Flag
USD
2.625 2.725
ZAR Flag
EUR
2.764 2.893
ZAR Flag
GBP
3.192 3.343
ZAR Flag
RUB
0.0233 0.0322
Liberty Bank Scroll up
Currency Buy Sell
ZAR Flag
USD
2.6250 2.7250
ZAR Flag
EUR
2.7640 2.9110
ZAR Flag
GBP
3.1940 3.3600
ZAR Flag
RUB
0.0252 0.0303
TeraBank Scroll Down
Currency Buy Sell
ZAR Flag
USD
2.6650 2.6850
ZAR Flag
EUR
2.8200 2.8400
ZAR Flag
GBP
3.1790 3.3600
- - -
Cartu Bank Scroll Down
Currency Buy Sell
ZAR Flag
USD
2.6500 2.7000
ZAR Flag
EUR
2.7800 2.8800
ZAR Flag
GBP
3.1900 3.3300
ZAR Flag
RUB
0.0262 0.0290
ProCredit Bank Scroll Down
Currency Buy Sell
ZAR Flag
USD
2.6290 2.7290
ZAR Flag
EUR
2.7710 2.9000
ZAR Flag
GBP
3.1410 3.4120
ZAR Flag
RUB
0.0075 0.0456

Banks exchange rate

Valuto Scroll up
Currency Buy Sell
ZAR Flag
USD
2.675 2.685
ZAR Flag
EUR
2.823 2.843
ZAR Flag
GBP
3.264 3.292
ZAR Flag
RUB
0.0257 0.0297
Rico Group Scroll up
Currency Buy Sell
ZAR Flag
USD
2.6700 2.6800
ZAR Flag
EUR
2.8210 2.8410
ZAR Flag
GBP
3.2520 3.2920
ZAR Flag
RUB
0.0248 0.0288
INTELIEXPRESS Scroll up
Currency Buy Sell
ZAR Flag
USD
2.672 2.681
ZAR Flag
EUR
2.816 2.838
ZAR Flag
GBP
3.252 3.323
ZAR Flag
RUB
0.026 0.028
Crystal Scroll Down
Currency Buy Sell
ZAR Flag
USD
2.672 2.68
ZAR Flag
EUR
2.827 2.837
ZAR Flag
GBP
3.266 3.301
ZAR Flag
RUB
0.026175 0.028175
Giro Credit Scroll Down
Currency Buy Sell
ZAR Flag
USD
2.6720 2.6800
ZAR Flag
EUR
2.8200 2.8400
ZAR Flag
GBP
3.2450 3.2850
ZAR Flag
RUB
0.0267 0.0277
Fin Credit Scroll Down
Currency Buy Sell
ZAR Flag
USD
2.665 2.685
ZAR Flag
EUR
2.815 2.845
- - -
- - -

Exchange Dynamics

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Currency Exchange Rate

Currency exchange rate - this is the value of one country's currency expressed in another country's currency unit at the time of buying and selling.

For example, by selling 1 US dollar today, you will get 2.63 GEL. Yesterday, the rate of lari was less than the dollar, tomorrow it will be a different rate. Everything depends on supply and demand. On the other hand, the National Bank has a special role and responsibility for the strength and reliability of the currency.

The national currency in Georgia has been the GEL since 1995. Apart from some exceptions, GEL is the only legal means of payment. Conditionally, a tourist coming from America will have to use Georgian lari to buy any item or product.

What is currency in general? A monetary unit used in a particular country is currency is called. It is a medium of exchange, which is usually given in the form of money and coins. When you buy bread or butter at the store with paper money or a credit card, you are using currency. There are more than 170 currencies in the world and they are issued by governments or central banks.

Until the beginning of the 20th century, the world lived in a multi-currency regime. Gold, copper and silver were used instead of money. Even today, there are several countries (China, Cuba, Ecuador) where there is still a multi-currency regime. In China, Renminbi is used locally, while Yuan is used for international transactions.

Fixed or Floating Exchange Rate

A floating exchange rate applies in Georgia. During this regime, the exchange rate is formed on the basis of market supply and demand and macroeconomic factors. Currencies are bought and sold in the foreign exchange market, and whichever currency has more demand, it gets stronger. Under such conditions, free capital mobility and inflation targeting are easier.

With a fixed exchange rate, the local currency is pegged to one or more currencies of another country. Earlier, currency was converted into gold at a predetermined parity and a fixed exchange rate was maintained on the gold standard. It should be noted that until 1997, the Georgian lari was pegged to the US dollar, because there was more confidence and a feeling of stability towards the newly created lari.