When travelers first arrive in Georgia (the country), they often ask about local coins. Let me share my experience - during my first business trip to Tbilisi, I nearly confused Georgian currency with old Soviet coins. This confusion sparked my interest in understanding Georgia's monetary system thoroughly.
Georgia's official currency is the Georgian Lari (GEL)1, subdivided into 100 Tetri. Coins circulate in 1, 2, 5, 10, 20, and 50 Tetri denominations alongside banknotes.
Now let's explore the practical details every visitor should know about Georgian currency.
What is Georgia's Currency?
The National Bank of Georgia introduced the modern Lari in 1995. Unlike many currencies, Georgian coins feature unique security elements that reflect the country's cultural heritage.
Georgia's currency combines practical security features with national symbolism. The 1 Lari coin2 contains a bi-metallic design showing St. George slaying the dragon - a nod to the country's name origin.
Key Features of Georgian Coins
Denomination | Metal Composition | Key Symbol |
---|---|---|
50 Tetri | Nickel-plated steel | Grapevine |
1 Lari | Bi-metallic (CuNi center) | St. George |
Three factors make Georgian coins distinctive:
- Anti-counterfeiting micro-engraving
- Dual-language text (Georgian/English)
- Variable edge notching patterns
How Much is $1 in Georgia?
Exchange rates fluctuate daily, but current data shows stability. As of July 2024, $1 USD equals approximately 2.65 GEL. However, tourists should note:
$1 USD converts to about 2.65 Georgian Lari. Cash exchanges at airports offer poorer rates (2.50-2.55 GEL) compared to city centers (2.63-2.68 GEL).
Exchange Rate Comparison Table
Location | USD to GEL Rate | Commission |
---|---|---|
Tbilisi Airport | 2.52 | 3% |
Liberty Square | 2.67 | 0.5% |
Batumi Banks | 2.65 | 1% |
Credit cards work in major cities, but rural areas still prefer cash. Always carry small denominations - many vendors struggle with 50+ Lari notes.
How Much is 1 Georgia Currency in Euro?
The Euro-Lari rate shows more volatility. Today's rate sits at 1 EUR = 2.89 GEL, but this changes based on EU economic policies.
1 Euro currently equals approximately 2.89 Georgian Lari. However, Georgian banks apply different buy/sell rates - typically offering 2.85 GEL when selling Euros.
Euro Conversion Tips
- Avoid weekend exchanges (wider spreads)
- Use ECB-certified exchange offices
- Keep transaction receipts for border checks
What is Georgia New Currency?
Contrary to online rumors, Georgia hasn't introduced new currency. The 2023 "Millennium Coin3" series commemorates 1,000 years since King Bagrat III's reign but remains legal tender.
Georgia maintains its existing Lari system. The National Bank occasionally releases commemorative coins like the 2023 10-Lari silver coin celebrating Georgian winemaking heritage.
Recent Commemorative Issues
- 2024 UEFA Champions League Final coins (5 Lari)
- 30th Constitution Anniversary (2 Lari)
- Black Sea Tourism series (50 Tetri)
Premium Custom Coins for Collectors
While Georgia's coins tell national stories, collectors often seek personalized pieces. Our Shenzhen-based workshop specializes in creating:
- Historical replica coins with antique finishes
- Educational coins featuring custom engravings
- Limited-edition collectibles with authentication certificates
Why our clients choose custom coins:
- 24-hour design proofing
- Dual plating options (gold/silver)
- Laser-etched serial numbers
- Museum-grade protective casing
Last month, we produced Georgian-themed coins for a Tbilisi university's archaeology department. The project required precise recreations of 12th-century coinage using original patina techniques - delivered within 18 days.
Kesimpulan
Georgia's currency system combines modern security with cultural storytelling. Understanding exchange rates and coin features helps travelers avoid costly mistakes. For collectors and educators, custom coins offer new ways to preserve history.
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Explore this link to understand the significance and features of the Georgian Lari, essential for travelers and currency enthusiasts. ↩
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Discover the cultural symbolism behind the 1 Lari coin, showcasing Georgia's heritage and history. ↩
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Learn about the Millennium Coin's role in commemorating Georgia's history and its importance in the currency system. ↩