Georgian lari

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**Georgian lari**
**ქართული ლარი (Georgian)**
ISO 4217 Code	`GEL`
User(s)	Georgia except parts of Abkhazia and South Ossetia
Inflation	8.2%
Source	The World Factbook, 2005 est.
Subunit
1/100	tetri
Coins	1, 2, 5, 10, 20, 50 tetri, 1 and 2 lari
Banknotes
Freq. used	1, 2, 5, 10 lari
Rarely used	20, 50, 100 lari
Central bank	National Bank of Georgia
Website	www.nbg.gov.ge

Image:1lari.jpg Image:2lari.jpg Image:5lari.jpg Image:10lari.jpg Image:50lari.jpg Image:100lari.jpg 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, whilst tetri is an old Georgian monetary term used from the thirteenth century.

For earlier Georgian currency, see ruble and abazi.

1 Kupon lari
2 Lari
- 2.1 Coins
- 2.2 Banknotes
3 External links

[edit] Kupon lari

Georgia replaced the Russian ruble in 1993 with kupon lari at par. This currency consisted only of banknotes, had no subdivisions and suffered from hyperinflation. Notes were issued in denominations between 1 and 1 million lari, including the somewhat unusual 3, 3000, 30,000 and 150,000 lari.

[edit] Lari

On October 2, 1995 , the government of Eduard Shevardnadze replaced the provisional coupon currency with the lari, at a rate of one million to one. It has remained fairly stable since then.

[edit] Coins

Coins are issued in denominations of 1, 2, 5, 10, 20 and 50 tetri, 1 and 2 lari.

[edit] Banknotes

1 lari - Georgian fine artist Niko Pirosmani
2 lari - Georgian music composer Zakaria Paliashvili
5 lari - Historian Ivane Javakhishvili
10 lari - Famous poet Akaki Tsereteli
20 lari - Famous Georgian statesman and writer, "Father of the Georgian people" Ilia Chavchavadze
50 lari - Famous Georgian queen Tamar
100 lari - Poet Shota Rustaveli
200 lari (draft, not yet in currency) - Georgian soldier and anti-Soviet leader (1921-24) Kakutsa Cholokashvili
500 lari (only in interfinancial relations) - Greatest Georgian king David the Builder

Current GEL exchange rates

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[edit] External links

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Central	Czech koruna \| Hungarian forint \| Polish złoty \| Slovak koruna \| Slovenian tolar \| Swiss franc
Eastern	Belarusian ruble \| Kazakhstani tenge \| Russian ruble \| Ukrainian hryvnia
Southeastern	Albanian lek \| Bulgarian lev \| Bosnia and Herzegovina convertible mark \| Croatian kuna \| Macedonian denar \| Moldovan leu \| Romanian leu \| Serbian dinar
Mediterranean	Cypriot pound \| Gibraltar pound \| Maltese lira \| Turkish new lira
Transcaucasia	Armenian dram \| Azerbaijani manat \| Georgian lari
Unrecognized Countries	Transnistrian ruble
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