Convert Russian Ruble to Georgian Lari
Convert Russian Ruble (RUB) to Georgian Lari (GEL) using daily updated exchange rates.
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Exchange Rate
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About Russian Ruble
The Russian Ruble (RUB) is one of the world's oldest currencies, with roots dating to the 13th century as a silver ingot used in medieval Kievan Rus. The Bank of Russia manages monetary policy with a floating exchange rate, adopted in 2014. Following Russia's invasion of Ukraine in February 2022, the ruble experienced a sharp depreciation due to unprecedented international sanctions but subsequently recovered due to capital controls, mandatory export revenue conversion, and high energy prices.
About Georgian Lari
The Georgian Lari (GEL) has been the official currency of Georgia since 1995, replacing the Georgian coupon at a rate of one million to one following the economic collapse after the dissolution of the Soviet Union. The name "lari" derives from an old Georgian word meaning "hoard" or "property". The National Bank of Georgia manages monetary policy with a floating exchange rate regime. Georgia's economy has undergone significant reforms since independence, establishing strong property rights and a competitive business environment that attracted considerable foreign investment.
Quick Reference Table
| Russian Ruble (RUB) | Georgian Lari (GEL) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).