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Depreciation of GEL Against USD Exceeded the Historical Minimum

The official exchange rate of GEL against USD exceeded the historical minimum and is 2.4694. It is higher than the previous day's fixed rate by 0.0249.

National Bank of Georgia sold USD 20 million at the National Bank's foreign exchange auction on January 22nd.

The official exchange rate of GEL against USD reached a maximum on February 23rd, 1999; 1 USD was 2.45 GEL. However, this figure dropped to 2.39 in two days, to 2.35 on February 27th, and stabilized to 1.93 at the end of the year.

22 January 2016 19:28