Georgian lari

E151993

The Georgian lari is the official national currency of Georgia, introduced in 1995 to replace the kuponi and stabilize the country’s post-Soviet economy.

All labels observed (1)

Label Occurrences
Georgian lari canonical 27

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf fiat currency
national currency
belongsTo economy of Georgia
centralBank National Bank of Georgia
circulationStart October 1995
country Georgia
currencyType decimal currency
denominationMainUnit 1, 2, 5, 10, 20, 50, 100 lari
denominationSubunit 1, 2, 5, 10, 20, 50 tetri
exchangeRateRegime managed floating exchange rate
governingLaw Georgian law on the National Bank of Georgia
hasBanknotes lari banknotes
hasCoins lari coins
hasSecurityFeatures holographic elements on higher denominations
microprinting on banknotes
security threads on banknotes
watermarks on banknotes
hasSubunitNameOrigin Georgian word "tetri" meaning "white" or "bright"
introduced 1995
ISO4217Code GEL
isPegged no formal peg
issuingAuthority National Bank of Georgia
latinAbbreviation GEL
legalTenderIn Georgia
monetaryPolicyAuthority National Bank of Georgia
monetarySymbolAdopted 2014
monetarySymbolShape stylized Georgian letter "ლ" with two horizontal strokes
monetarySystem Georgian monetary system
monetaryUnitOfAccount Georgia
nameOrigin Georgian word "lari" meaning "hoard" or "property"
officialCurrencyOf Georgia
precededBy Soviet ruble in Georgia
reasonForIntroduction post-Soviet economic stabilization
region Caucasus
regulatesInflationTarget National Bank of Georgia
replacedCurrency Georgian kuponi
kuponi
status active
subunit tetri
subunitRatio 1 lari = 100 tetri
symbol
usedFor domestic payments in Georgia
pricing of goods and services in Georgia
tax payments in Georgia
usedIn Republic of Georgia
usedSince 1995
usesLanguageOnBanknotes Georgian
usesScriptOnBanknotes Georgian script

How these facts were elicited

Referenced by (27)

Full triples — surface form annotated when it differs from this entity's canonical label.

Georgia currency Georgian lari
Kareli usesCurrency Georgian lari
Kaspi Municipality usesCurrency Georgian lari
Chokhatauri usesCurrency Georgian lari
Tsageri currency Georgian lari
Ozurgeti usesCurrency Georgian lari
Sachkhere currency Georgian lari
Tetnuldi ski resort currencyUsed Georgian lari
Khobi currencyUsed Georgian lari
Khoni currency Georgian lari
tetri subdivisionOf Georgian lari
tetri currencySystem Georgian lari
tetri introducedWith Georgian lari
Tianeti currency Georgian lari
Dedoplistsqaro currencyUsed Georgian lari
Gurjaani usesCurrency Georgian lari
Zugdidi usesCurrency Georgian lari
GEL represents Georgian lari
Gardabani currencyUsed Georgian lari
Republic of Georgia currency Georgian lari
Chokhatauri Municipality usesCurrency Georgian lari
Tsageri Municipality usesCurrency Georgian lari
Tbilisi City Hall usesBudgetCurrency Georgian lari
Terjola Municipality usesCurrency Georgian lari