Georgia Exchange Rates and Real Effective Exchange Rates
Georgia GE: DEC Alternative Conversion Factor: per USD
GE: DEC Alternative Conversion Factor: per USD data was reported at 2.510 GEL/USD in 2017. This records an increase from the previous number of 2.367 GEL/USD for 2016. GE: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.679 GEL/USD from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 2.510 GEL/USD in 2017 and a record low of 0.000 GEL/USD in 1990. GE: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
| Last | Frequency | Range |
|---|---|---|
| 2.37 2016 | yearly | 1990 - 2016 |
View Georgia's Georgia GE: DEC Alternative Conversion Factor: per USD from 1990 to 2016 in the chart:
Georgia GE: Official Exchange Rate: Average: per USD
GE: Official Exchange Rate: Average: per USD data was reported at 2.510 GEL/USD in 2017. This records an increase from the previous number of 2.367 GEL/USD for 2016. GE: Official Exchange Rate: Average: per USD data is updated yearly, averaging 1.781 GEL/USD from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 2.510 GEL/USD in 2017 and a record low of 1.263 GEL/USD in 1996. GE: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).; ; International Monetary Fund, International Financial Statistics.; ;
| Last | Frequency | Range |
|---|---|---|
| 2.51 2017 | yearly | 1996 - 2017 |
View Georgia's Georgia GE: Official Exchange Rate: Average: per USD from 1996 to 2017 in the chart:
Georgia GE: Real Effective Exchange Rate Index
GE: Real Effective Exchange Rate Index data was reported at 98.440 2010=100 in 2017. This records a decrease from the previous number of 100.037 2010=100 for 2016. GE: Real Effective Exchange Rate Index data is updated yearly, averaging 92.714 2010=100 from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 111.360 2010=100 in 2012 and a record low of 31.590 2010=100 in 1994. GE: Real Effective Exchange Rate Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.; ; International Monetary Fund, International Financial Statistics.; ;
| Last | Frequency | Range |
|---|---|---|
| 98.76 2017 | yearly | 1994 - 2017 |