Exchange Rate in Georgia
Inflation plummeted to 2.7% in April from March’s 5.3%, marking the lowest reading since December 2020. The decline was driven by a broad-based moderation of prices. Falling inflation should prompt the Central Bank to loosen its restrictive monetary policy stance ahead; it stood pat at its latest meeting on 29 March.
Georgia Exchange Rate Chart
Georgia Exchange Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Exchange Rate (GEL per USD, eop) | 2.58 | 2.68 | 2.86 | 3.29 | 3.09 |