View Georgian Commercial Bank's prices to buy and sell foreign currency compared with the National Bank of Georgia's suggested exchange rate over time.
Compare Georgian Commercial Bank's prices to buy and sell foreign currency on a given date for a specific amount.
View the National Bank of Georgia's suggested exchange rate of the Lari against foreign currencies over time.
The Georgian Lari depreciated dramatically against the U.S. Dollar (USD) during the winter of 2014-2015 . Use the Lari Depreciation Calculator to calculate how much your net worth or payment responsibilities have changed over time due to the currency rate change.
How has the Lari depreciation affected you?
Your monetary value
According to Forbes, Bidzina Ivanishvili, Georgia’s richest person and former Prime Minister, has a net worth of 5,200,000,000 USD. If he had his money saved in Lari, his net worth would have increased by USD during this same time period.
How does this work?
It is pretty simple, actually. The calculator divides your monetary value by the exchange rates from the dates you selected to convert your GEL into USD. Then the difference is taken between the two numbers to see how much your monetary value has changed. That's it!