Georgian lari Casinos 2026

Georgia placed the Georgian lari into circulation on 25 September 1995 and made it the country’s sole legal tender shortly afterward. The code is GEL and the National Bank of Georgia issues the banknotes and coins, with 100 tetri to one GEL. The currency’s introduction marked the replacement of the temporary coupon system used after the Soviet period and established a stable national unit for Georgian prices and accounts. A renewed banknote series has been introduced in stages since 2016, retaining the same monetary unit while updating design and security features. GEL therefore describes Georgia’s currency rather than a particular transfer method; banks and payment services determine how foreign-currency funds are converted when they enter or leave a GEL-denominated account.

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