Exchange Rate in Georgia
The exchange rate ended 2024 at GEL 2.81, compared to the end-2023 value of GEL 2.69 and the figure a decade earlier of GEL 1.88. It averaged GEL 2.69 over the last decade. For more exchange rate information, visit our dedicated page.
Georgia Exchange Rate Chart
Note: This chart displays Exchange Rate (vs USD) for Georgia from 2024 to 2016.
Source: Macrobond.
Georgia Exchange Rate Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Exchange Rate (GEL per USD, eop) | 3.29 | 3.09 | 2.70 | 2.69 | 2.82 |
| Exchange Rate (GEL per USD, aop) | 3.11 | 3.22 | 2.91 | 2.62 | 2.72 |
| Exchange Rate (GEL per EUR, eop) | 4.02 | 3.51 | 2.88 | 2.97 | 2.91 |
| Exchange Rate (GEL per EUR, aop) | 3.55 | 3.80 | 3.06 | 2.84 | 2.94 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Gerogian exchange rate projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exchange rate forecast available for Gerogian exchange rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Gerogian exchange rate projections.
Want to get access to the full dataset of Gerogian exchange rate forecasts? Send an email to info@focus-economics.com.