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base info MAGA2024

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MAGA2024
MAGA2024
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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
₾0.{10}2841
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$146.31902033
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0 MAGA2024

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0.5 MAGA2024
0.{10}1421
1 MAGA2024
0.{10}2841
5 MAGA2024
0.{9}1421
10 MAGA2024
0.{9}2841
50 MAGA2024
0.{8}1421
100 MAGA2024
0.{8}2841
500 MAGA2024
0.{7}1421
1000 MAGA2024
0.{7}2841

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0.5GEL17,597,575,944.05  MAGA2024
1GEL35,195,151,888.1  MAGA2024
5GEL175,975,759,440.5  MAGA2024
10GEL351,951,518,881  MAGA2024
50GEL1,759,757,594,404.99  MAGA2024
100GEL3,519,515,188,809.98  MAGA2024
500GEL17,597,575,944,049.91  MAGA2024
1000GEL35,195,151,888,099.82  MAGA2024

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0.5 MAGA2024$0.{11}5194$0.{11}5404
-3.88%
1 MAGA2024$0.{10}1039$0.{10}1081
-3.88%
5 MAGA2024$0.{10}5194$0.{10}5404
-3.88%
10 MAGA2024$0.{9}1039$0.{9}1081
-3.88%
50 MAGA2024$0.{9}5194$0.{9}5404
-3.88%
100 MAGA2024$0.{8}1039$0.{8}1081
-3.88%
500 MAGA2024$0.{8}5194$0.{8}5404
-3.88%
1000 MAGA2024$0.{7}1039$0.{7}1081
-3.88%

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0.5 MAGA2024$0.{11}5194$0.{11}4244
+22.39%
1 MAGA2024$0.{10}1039$0.{11}8488
+22.39%
5 MAGA2024$0.{10}5194$0.{10}4244
+22.39%
10 MAGA2024$0.{9}1039$0.{10}8488
+22.39%
50 MAGA2024$0.{9}5194$0.{9}4244
+22.39%
100 MAGA2024$0.{8}1039$0.{9}8488
+22.39%
500 MAGA2024$0.{8}5194$0.{8}4244
+22.39%
1000 MAGA2024$0.{7}1039$0.{8}8488
+22.39%

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0.5 MAGA2024$0.{11}5194$0.00
-60.49%
1 MAGA2024$0.{10}1039$0.00
-60.49%
5 MAGA2024$0.{10}5194$0.00
-60.49%
10 MAGA2024$0.{9}1039$0.00
-60.49%
50 MAGA2024$0.{9}5194$0.00
-60.49%
100 MAGA2024$0.{8}1039$0.00
-60.49%
500 MAGA2024$0.{8}5194$0.00
-60.49%
1000 MAGA2024$0.{7}1039$0.00
-60.49%

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