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base info Agave

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AGVE
AGVE
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GEL
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About Georgian Lari (GEL)

The Georgian Lari (GEL), introduced in 1995, is more than just the official currency of Georgia; it's a symbol of the country's resilience, sovereignty, and economic evolution. It is commonly abbreviated as GEL and represented by the symbol ₾. Emerging from the shadows of the Soviet Union, Georgia's adoption of the Lari marked a significant step towards establishing a distinct national identity and economic independence.

Historical Background

The introduction of the Lari came at a crucial juncture in Georgia's history. Following the dissolution of the Soviet Union in 1991, Georgia underwent a period of severe economic crisis and political instability. The introduction of the Lari on September 25, 1995, replaced the provisional Coupon currency and symbolized a new beginning for the Georgian economy.

Design and Symbolism

The design of the Georgian Lari reflects the country's rich cultural heritage and history. The banknotes and coins feature prominent Georgian figures from various epochs, important architectural landmarks, and traditional ornamental patterns. These designs serve not only as a medium for economic transactions but also as a celebration of Georgia's identity and pride.

Economic Role

As the primary medium of exchange in Georgia, the Lari underpins all economic activities. Georgia's economy, characterized by its agricultural sector, burgeoning tourism industry, and growing services sector, relies on the stability and value of the Lari. The currency facilitates domestic and international trade, playing a critical role in the country’s economic development.

Monetary Policy and Inflation

The National Bank of Georgia, the country's central bank, is responsible for regulating the Lari. Monetary policies focus on maintaining price stability, controlling inflation, and ensuring a stable financial system. These measures are crucial for bolstering investor confidence and sustaining economic growth.

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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
₾106.14
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$6.61026965
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0 AGVE

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0.5 AGVE
53.07
1 AGVE
106.14
5 AGVE
530.7
10 AGVE
1,061.4
50 AGVE
5,307.01
100 AGVE
10,614.02
500 AGVE
53,070.08
1000 AGVE
106,140.15

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0.5GEL0.004711  AGVE
1GEL0.009422  AGVE
5GEL0.04711  AGVE
10GEL0.09422  AGVE
50GEL0.4711  AGVE
100GEL0.9422  AGVE
500GEL4.71  AGVE
1000GEL9.42  AGVE

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0.5 AGVE$19.4$19.54
-0.67%
1 AGVE$38.81$39.07
-0.67%
5 AGVE$194.04$195.35
-0.67%
10 AGVE$388.08$390.7
-0.67%
50 AGVE$1,940.41$1,953.5
-0.67%
100 AGVE$3,880.81$3,907.01
-0.67%
500 AGVE$19,404.05$19,535.05
-0.67%
1000 AGVE$38,808.1$39,070.09
-0.67%

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0.5 AGVE$19.4$23.32
-16.79%
1 AGVE$38.81$46.64
-16.79%
5 AGVE$194.04$233.18
-16.79%
10 AGVE$388.08$466.36
-16.79%
50 AGVE$1,940.41$2,331.8
-16.79%
100 AGVE$3,880.81$4,663.6
-16.79%
500 AGVE$19,404.05$23,318.02
-16.79%
1000 AGVE$38,808.1$46,636.03
-16.79%

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0.5 AGVE$19.4$12.74
+52.31%
1 AGVE$38.81$25.48
+52.31%
5 AGVE$194.04$127.4
+52.31%
10 AGVE$388.08$254.8
+52.31%
50 AGVE$1,940.41$1,273.98
+52.31%
100 AGVE$3,880.81$2,547.96
+52.31%
500 AGVE$19,404.05$12,739.79
+52.31%
1000 AGVE$38,808.1$25,479.58
+52.31%

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