Georgian lari

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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, 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 on 5 April 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.

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.

Coins

Coins are issued in denominations of 1 tetri, 2, 5, 10, 20 and 50 tetris, 1 lari and 2 laris.
Image Value Technical parameters Description Date of Remark
obverse reverse diameter
×
thickness
mass composition obverse reverse edge first minting issue withdrawal

Banknotes

Image Value Dimensions Main colour Description Date of Remark
obverse reverse obverse reverse watermark printing issue withdrawal

See also

References

External links



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