Visit our website
Register or Login to our portal
The currency of Georgia is called the Georgian Lari which has the sign ₾ and the abbreviation GEL. It was introduced in 1995 to replace the Georgian coupon currency, thus helping to stabilize Georgian economy after the Soviet Union collapse.
The Georgian Lari Overview
Subunit: 1 Lari = 100 Tetri
Coins: 1, 2, 5, 10, 20, 50 Tetri; 1 and 2 Lari
Banknotes: 5, 10, 20, 50, 100, and 200 Lari
Issuing Authority: National Bank of Georgia
The GEL or Georgian Lari was launched on 2nd October 1995 during the transition from Georgian Coupon (Kuponi) currency. The Kuponi that existed since Georgia’s independence in 1991 suffered from hyperinflation which translated into economic instability. This rampant inflation eroded a lot of public trust on the nation’s financial institutions.
The word “Lari” is derived from an ancient Georgian phrase that translates to treasure or property whilst its subunit Tetri, meaning white, was historically used to refer to small silver coins.
The National Bank of Georgia has controlled the circulation of money, offering supervision and granting security features on money since its creation. Although the Lari is freely floating, it does undergo regional and global economic influences.
Obtaining the optimal trade rates when switching from Indian Rupees (INR) to Georgian Lari (GEL) involves observation and strategic planning. Let us discuss several tips that can help improve value along the way:
Make Use of All Available Forex Services.
You can check online forex platforms as well as banks and exchange houses for rates since all of them offer trading value for currency. Online services also have comparative and graphical data for margins which will be useful over the long run.
Choose the Right Exchange Platform
Forex bankers may not provide the best rates as they are often higher; however, they guarantee no loss. Online forex platforms like Orient exchange allow better rate pre-booking and offer convenience.
Teller machines in Georgia are suitable for small withdrawals but may incur merchant fees. Currency exchange dealers may provide better trading value as their profit margin is generally lower.
Avoid Airport Exchange Counters
Traveling through Airports with Currency Kiosks may require trading through their terminals. This should be avoided as your margins will be hit the hardest as their value is instantly considered over priced.
If you're planning to study in Georgia, one of the essential preparations is converting your Indian Rupees (INR) to Georgian Lari (GEL). Georgia is a growing destination for international students, particularly in fields like medicine, business, and engineering. While tuition fees and living costs are affordable compared to Western countries, you'll still need local currency for day-to-day expenses such as food, transport, books, and accommodation.
Buy GEL currency before you travel can help you avoid last-minute airport exchange hassles and high commission charges. Authorized forex dealers in India, like Orient Exchange, offer competitive rates and transparent service for currency exchange. It’s advisable to carry a mix of cash and a prepaid forex card loaded with USD for added safety and convenience.
Additionally, having local currency upon arrival makes it easier to manage expenses right from the start—whether it's booking a taxi from the airport or buying essentials. Always keep receipts of your currency exchange for future reference. Planning ahead not only saves money but also ensures a smoother transition into student life in Georgia. Make your journey stress-free by converting your INR to GEL before departure.
Orient Exchange is an RBI-authorized and trusted forex provider offering competitive rates and reliable services for INR to GEL conversion. Here’s why it’s the best choice:
Best Exchange Rates: Offers real-time forex rates with lower margins than banks.
Low Service Charges: Minimal fees compared to banks and airport counters.
Secure & Fast Transactions: Get instant forex services with a transparent process.
Convenient Online Booking: Pre-book your currency exchange and lock in the best rate.
Doorstep Delivery & Order Tracking: Experience hassle-free delivery of forex right to your door, complete with real-time tracking for your convenience.
Reliable Customer Support: Our dedicated support team is here to assist with any queries and ensure smooth transactions.
Buy Georgian Lari (GEL) with Orient Exchange in India and take advantage of the best exchange rates, minimal fees, and convenient doorstep delivery. With secure transactions and reliable service, you can travel to Georgia without any worries. Book your forex today and enjoy a seamless, hassle-free journey with total peace of mind!
How to Book Currency/Card in 6 easy steps
Currencies Available for Exchange