GEL

GEL

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The lari is the currency of Georgia. It was put into circulation by the National Bank of Georgia on December 25, 1995. 1 lari is equal to 100 tetri. The word lari means both treasure and property in Georgian. Tetri is an old Georgian term for white, which refers to silver coinage in pre-Christian times. Later, the word generally transferred to silver, gold and copper coins, mentioned in sources since the 14th century. (Current exchange rates can be found here.)

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