Exchange Rate in Georgia
Georgia - Exchange Rate
Salome Zurabishvili, an ex-foreign minister, was elected as Georgia’s president on 28 November, after beating the opposition candidate, Grigol Vashadze, by a comfortable margin. Despite the widespread protests over allegations of election fraud, Zurabishvili was officially sworn in on 15 December. Meanwhile, the economy lost pace at the beginning of the second half of 2018. Annual GDP growth slowed from 5.6% in Q2 to 3.7% in Q3, marking the worst result in nearly two years, largely due to contractions in the manufacturing and construction sectors. Available Q4 data paints a mixed picture: Economic activity growth soared in October, only to be followed by a slump in November.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 | 2.67 | 0.0 % | Jan 14 |
| Stock Market | 0.1 | 0.55 % | Jan 14 |
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