13.May .2021 17:30

GEL Depreciated Against USD, Strengthened Against EUR

GEL Depreciated Against USD, Strengthened Against EUR
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As a result of the May 13 trade, the GEL exchange rate depreciated against the US dollar; The change is 0.12 tetri, as a result of which the official value of the dollar became 3.4283 GEL.
 
According to the NBG, the national currency depreciated by 2.90 tetri against the euro, as a result of which the official value of one euro became 4.1366 GEL.
 
Today, the lari strengthened by 1.02 tetri against the Turkish lira, as a result of which its value became 0.4034 GEL. The British pound sterling value was reduced by 3.64 tetri and amounted to 4.8054 GEL.

The rate obtained as a result of today's trading will take effect from tomorrow, May 14th.

In 2021, the NBG conducted a total of 7 currency auctions to reduce the volatility of the GEL exchange rate and sold $ 242.9 million.