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

• Economy of Georgia (country)

References

External links

• Lari banknotes, National Bank of Georgia
• Lari coins, National Bank of Georgia
• Jubilee and commemorative coins, National Bank of Georgia
• New 50 tetri, 1 and 2 lari issued in 2006
• Coins of former Soviet republics

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Last updated on Saturday June 14, 2008 at 21:37:46 PDT (GMT -0700)
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