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History · 1 an

Georgian Lari (GEL) historical rate to Euro (EUR)

GEL/EUR shows how many Euros one Georgian Lari buys, used by travelers, importers, and investors exposed to Georgia and the Eurozone.

Daily observations
21
within the available range
Source
Market
api.forex
Method

How to read GEL/EUR history

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Days without a quotation are not interpolated: the series keeps only observations that were actually received.

Use cases

Travel, transfer and analysis

Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.

Minimum 0,31679988
Maximum 0,33589841
Average 0,32952722
Total change +4.07%
Daily observations

Dated GEL/EUR rates

Couverture du au , en UTC.

Convert GEL/EUR
Date UTC Rate Change Nature
0,33202033 -0.02% Market
0,33208457 +0.17% Market
0,33153711 -0.01% Market
0,33157192 -0.47% Market
0,33312323 -0.69% Market
0,33544555 -0.13% Market
0,33589841 +0.05% Market
0,33572657 +0.03% Market
0,33561665 +0.35% Market
0,33444907 -0.02% Market
0,33450315 +0.17% Market
0,33393069 +0.26% Market
0,33305379 +0.03% Market
0,33294087 +0.25% Market
0,33212189 +1.80% Market
0,32624781 +2.98% Market
0,31679988 -0.53% Market
0,3185007 +0.29% Market
0,31757158 -0.10% Market
0,31788965 -0.36% Market
0,31903822 Market
Editorial analysis

Understanding the GEL/EUR pair

The GEL/EUR currency pair quotes how many Euros (EUR) are needed to purchase one Georgian Lari (GEL). As a directed rate, an increase means the Lari strengthens against the Euro, making Georgian goods cheaper for Eurozone buyers and reducing the cost of Euro-denominated imports for Georgia. This pair is relevant for tourists visiting Georgia from the Eurozone, Georgian businesses trading with Europe, and investors with cross-border exposure.

The National Bank of Georgia (NBG) manages the Lari through a managed float, intervening to smooth excessive volatility, while the European Central Bank (ECB) targets price stability for the Eurozone. Interest rate differentials between the NBG and ECB, inflation trends, and economic growth in both regions drive the exchange rate. Georgia's economy is influenced by remittances, tourism, and foreign direct investment, while the Eurozone's performance is tied to trade, industrial output, and monetary policy. Commodity prices, particularly for Georgia's exports like copper and wine, also play a role. Capital flows and global risk sentiment affect both currencies, with the Lari often sensitive to regional geopolitical developments.

Over recent years, GEL/EUR has experienced periods of depreciation and appreciation driven by external shocks and domestic policies. Without specific historical data, the pair typically reflects Georgia's economic fundamentals relative to the Eurozone, with the Lari showing vulnerability during global risk-off episodes and benefiting from strong tourism and remittance inflows. The NBG's monetary policy stance and foreign exchange interventions have periodically influenced the rate. Future movements will depend on the relative strength of the two economies and global financial conditions.

This analysis is provided for information only and is neither a forecast nor financial advice.

Method

Compare two dates

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Source

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

Currencies

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