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Georgian Lari (GEL)
The GEL is the official currency of Georgia, with the symbol ₾.
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Georgian Lari to Australian Dollars: Exchange rates today
 GEL |  GBP |
|---|---|
| 1 GEL | 0.27 GBP |
| 10 GEL | 2.78 GBP |
| 20 GEL | 5.56 GBP |
| 50 GEL | 13.91 GBP |
| 100 GEL | 27.83 GBP |
| 250 GEL | 69.58 GBP |
| 300 GEL | 83.49 GBP |
| 500 GEL | 139.16 GBP |
| 1,000 GEL | 278.32 GBP |
| 2,000 GEL | 556.65 GBP |
| 5,000 GEL | 1,393.03 GBP |
| 10,000 GEL | 2,786.06 GBP |
| GBP | GEL |
|---|---|
| 1 GBP | 3.49 GEL |
| 10 GBP | 34.95 GEL |
| 20 GBP | 69.91 GEL |
| 50 GBP | 174.79 GEL |
| 100 GBP | 349.59 GEL |
| 250 GBP | 873.99 GEL |
| 300 GBP | 1,048.78 GEL |
| 500 GBP | 1,747.98 GEL |
| 1,000 GBP | 3,499.48 GEL |
| 2,000 GBP | 6,998.97 GEL |
| 5,000 GBP | 17,497.44 GEL |
| 10,000 GBP | 34,999.57 GEL |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Georgian Lari
History
The Georgian Lari was established as the official currency of Georgia in 1995. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Georgia and Asia. Check our guide about the evolution of GEL to GBP to learn more about their exchange rate history.Characteristics
The Georgian Lari is divided into Tetri. You'll find Georgian Lari banknotes in 5, 10, 20, 50, 100, 200 lari and coins in 1, 2, 5, 10, 20, 50 tetri; 1, 2 lari.Monetary policy
The Georgian Lari is managed by the National Bank of Georgia, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Georgia.Currency exchange
The value of the Georgian Lari is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Georgian Lari (GEL)
| Currency name | Georgian Lari | |
| Currency code | GEL | |
| Currency symbol | ₾ | |
| Minor unit | Tetri | |
| Minor unit symbol | - | |
| Notes frequently used | 5, 10, 20, 50, 100, 200 lari | |
| Coins frequently used | 1, 2, 5, 10, 20, 50 tetri; 1, 2 lari | |
| Central bank | National Bank of Georgia | |
| Users | Georgia |
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