City next to a river in Georgia

Georgia Exchange Rate (GEL per USD, aop)

Inflation fell to a 21-month low of 8.1% in February from 9.4% in January. Food and utilities inflation will remain stubbornly high, however. Price pressures should moderate further over the course of this year. This should prompt the Central Bank to loosen its restrictive monetary policy stance ahead; it stood pat in early February.

Georgia Exchange Rate (GEL per USD, aop) Data

2017 2018 2019 2020 2021
Exchange Rate (GEL per USD, aop) 2.5 2.5 2.8 3.1 3.2

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