Georgian Lari

Georgian Lari

The lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri. The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the maneti, abazi, and Georgian coupon.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

2 Georgian Lari to US Dollar exchange rates chart

2 GEL to USD exchange rates graph
2 GEL to USD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 GEL to USD exchange rates table

Exchange GEL to USD
2 Georgian Lari = 0.750 US Dollar
4 Georgian Lari = 1.500 US Dollar
10 Georgian Lari = 3.750 US Dollar
20 Georgian Lari = 7.499 US Dollar
Exchange Georgian Lari to US Dollar
2 Georgian Lari to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

2 GEL to USD exchange rates news

Georgia’s TBC Bank claims “dark PR” as it fights laundering probe

Georgia’s TBC Bank claims “dark PR” amid laundering probe. Investigation into consecutive loans to firms and chair and dep. chair of lender.

4 days indicative neutral
Georgian presidential runoff fallout: defeated candidate calls for mass protests, early general election

Georgian presidential runoff fallout: defeated candidate calls for mass protests, early general election. OSCE says campaign saw significant deviations from democratic principles. Winner, backed by Georgia’s richest man, “enjoyed an undue advantage”, it concludes.[node:summary]

about 2 months conditional positive
London Stock Exchange hosts ‘Georgia Investor Day’

London Stock Exchange is hosting a ‘Georgia Investor Day’ together with Galt & Taggart, members of Bank of Georgia Group PLC and the leading brokerage firms in Georgia today.

about 2 months conditional positive
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

5 days indicative negative
U.S. dollar closes higher on Taipei forex market | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 11 (CNA) The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.020 to close at NT$30.802.

5 days indicative positive
Dollar Slides As US Consumer Inflation Falls

CANBERA (Alliance News) - The US dollar was lower against its most major counterparts in the ...

5 days conditional positive

2 GEL to USD currency converter