- Georgian lari
Infobox Currency
currency_name_in_local = ქართული ლარი ka icon
iso_code = GEL
using_countries = Georgia exceptAbkhazia andSouth Ossetia
inflation_rate = 9.2%
inflation_source_date = " [https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook] ", 2006 est.
subunit_ratio_1 = 1/100
subunit_name_1 =tetri
used_coins = 1, 2, 5, 10, 20, 50 tetri, 1 and 2 lari
frequently_used_banknotes = 1, 2, 5, 10 lari
rarely_used_banknotes = 20, 50, 100, 200 lari
issuing_authority =National Bank of Georgia
issuing_authority_website = www.nbg.gov.geThe lari (Georgian: ლარი ;
ISO 4217 :GEL) is thecurrency of Georgia. It is divided into 100tetri . The name "lari" is an old Georgian word denoting a hoard, property, while "tetri" is an old Georgian monetary term used from the thirteenth century."For earlier Georgian currency, see maneti and abazi."
Kupon lari
Georgia replaced the
Russian ruble on5 April 1993 with "kupon lari" at par. [cite web | author=National Bank of Georgia | url=http://www.nbg.gov.ge/NBG_New/museum.htm | title=Money Museum | accessdate=2006-12-30] This currency consisted only of banknotes, had no subdivisions and suffered fromhyperinflation . Notes were issued in denominations between 1 and 1 million lari, including the somewhat unusual 3, 3000, 30,000 and 150,000 lari.Lari
On
October 2 ,1995 , [cite web | author=National Bank of Georgia | url=http://www.nbg.gov.ge/NBG_New/banknotes_coins/banknotes.htm | title=Lari banknotes | accessdate=2006-12-30] the government ofEduard Shevardnadze replaced the provisional coupon currency with the lari, at a rate of one million to one. It has remained fairly stable since then.Coins
Coins are issued in denominations of 1 tetri, 2, 5, 10, 20 and 50 tetri, 1 lari and 2 lari.
Banknotes
ee also
*
Economy of Georgia (country) References
External links
Standard numismatics external links
world_coin_gallery_1_url = Georgia
world_coin_gallery_1_name = Georgia
banknote_world_1_url = georgia
banknote_world_1_name = Georgia
dollarization_1_url =
dollarization_1_name =
gfd_1_url = Georgia
gfd_1_name = Georgia
gfd_data_1_url =
gfd_data_1_name =
show_gfd_excel = Y
* [http://www.nbg.gov.ge/NbgCentralNavigation.aspx?Lang=en-US&ItemId=19 Lari banknotes, National Bank of Georgia]
* [http://www.nbg.gov.ge/NbgCentralNavigation.aspx?Lang=en-US&ItemId=20 Lari coins, National Bank of Georgia]
* [http://www.nbg.gov.ge/NbgCentralNavigation.aspx?Lang=en-US&ItemId=119 Jubilee and commemorative coins, National Bank of Georgia]
* [http://worldcoinnews.blogspot.com/2006/11/georgia-2006-new-coin-types.html New 50 tetri, 1 and 2 lari issued in 2006]
* [http://coins.russian.ru/indexe.htm Coins of former Soviet republics]
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