Exchange Rate in Georgia
Georgia - Exchange Rate
According to available data, the economy finished 2018 on a strong footing following a somewhat downbeat performance in Q3. Activity growth kicked into a higher gear in Q4, against the backdrop of lower inflation and healthy labor market dynamics, which boded well for consumer demand. On the external front, merchandise exports continued to surge in Q4, buoyed by robust demand from Azerbaijan, Kazakhstan and Ukraine. Looking forward, the momentum appears to have cooled in the current quarter: Economic activity came in well below last year’s average in January. Meanwhile, Fitch Ratings upgraded the country’s credit rating from BB- to BB, with a stable outlook, citing its solid growth metrics and the economy’s resilience to external shocks.Georgia - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 1.74 | 1.88 | 2.40 | 2.66 | 2.59 |
Georgia Exchange Rate Chart
Source: Thomson Reuters.
Georgia Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 2.69 | 0.0 % | Mar 11 |
| Stock Market | 0.1 | 0.55 % | Mar 11 |
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