Currency - Georgian lari

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Georgian lari

The lari (ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri. The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the maneti, abazi, and Georgian coupon.

Georgia replaced the Russian ruble on 5 April 1993, with the Kuponi at par. This currency consisted only of banknotes, had no subdivisions and suffered from hyperinflation. Notes were issued in denominations between 1 and 1 million Kuponi, including the somewhat unusual 3, 3000, 30,000 and 150,000 Kuponi.

On 2 October 1995, the government of Eduard Shevardnadze replaced the provisional coupon currency with the Lari, at a rate of one million to one. It has remained fairly stable since then.

On 8 July 2014, Giorgi Kadagidze, Governor of the National Bank of Georgia (NBG), introduced the winning proposal for the sign of the national currency to the public and its author. The Georgian lari had its own sign.

The NBG announced the Lari sign competition in December 2013. The temporary commission consisted of representatives of NBG, the Budget and Finance Committee of the Parliament of Georgia, the State Council of Heraldry, the Ministry of Culture and Monument Protection of Georgia and the Ministry of Education and Science of Georgia.

In choosing the winning sign, the commission gave priority to the samples based on the Georgian Mkhedruli character and made a point of the following criteria: conception, design, accordance with Georgian alphabet, existence of elements marking the currency, ease of construction, and observance of requests and recommendations determined by competition rules.

The Lari sign is based on an arched letter ლ (Lasi) of the Georgian script. It is common in international common practice for a currency sign to consist of a letter, crossed by one or two parallel lines. Two parallel lines crossing the letter Lasi are the basic components of the Lari sign. The so-called “leg” of the letter, represented by a horizontal line, is a necessary attribute of the sign, adding monumental stability to the upper dynamic arc. The form of the letter is transformed in order to simplify its perception and implementation as a Lari sign.

The author of the winning sign is a professional artist-ceramist, Malkhaz Shvelidze.

On 18 July 2014, Giorgi Melashvili, executive director of the National Bank of Georgia, sent a request letter to the Unicode Consortium to register the symbol in the Currency Symbols block of the Unicode Standard as

On 17 June 2015, the Unicode Consortium released Unicode V8.0, which includes the Lari sign as

Country

Georgia

Georgia (საქართველო, ) is a country in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded to the west by the Black Sea, to the north by Russia, to the south by Turkey and Armenia, and to the southeast by Azerbaijan. The capital and largest city is Tbilisi. Georgia covers a territory of 69700 km², and its 2017 population is about 3.718 million. Georgia is a unitary semi-presidential republic, with the government elected through a representative democracy.

During the classical era, several independent kingdoms became established in what is now Georgia, such as Colchis and Iberia. The Georgians adopted Christianity in the early 4th century. The common belief had an enormous importance for spiritual and political unification of early Georgian states. A unified Kingdom of Georgia reached its Golden Age during the reign of King David IV and Queen Tamar in the 12th and early 13th centuries. Thereafter, the kingdom declined and eventually disintegrated under hegemony of various regional powers, including the Mongols, the Ottoman Empire, and successive dynasties of Iran. In the late 18th century, the eastern Georgian Kingdom of Kartli-Kakheti forged an alliance with the Russian Empire, which directly annexed the kingdom in 1801 and conquered the western Kingdom of Imereti in 1810. Russian rule over Georgia was eventually acknowledged in various peace treaties with Iran and the Ottomans and the remaining Georgian territories were absorbed by the Russian Empire in a piecemeal fashion in the course of the 19th century. During the Civil War following the Russian Revolution in 1917, Georgia briefly became part of the Transcaucasian Federation and then emerged as an independent republic before the Red Army invasion in 1921 which established a government of workers' and peasants' soviets. Soviet Georgia would be incorporated into a new Transcaucasian Federation which in 1922 would be a founding republic of the Soviet Union. In 1936, the Transcaucasian Federation was dissolved and Georgia emerged as a Union Republic. During the Great Patriotic War, almost 700,000 Georgians fought in the Red Army against the German invaders. After Soviet leader Joseph Stalin, a native Georgian, died in 1953, a wave of protest spread against Nikita Khrushchev and his de-Stalinization reforms, leading to the death of nearly one hundred students in 1956. From that time on, Georgia would become marred with blatant corruption and increased alienation of the government from the people.

Language

Georgian lari (English)  Lari georgiano (Italiano)  Georgische lari (Nederlands)  Lari (Français)  Georgischer Lari (Deutsch)  Lari (Português)  Грузинский лари (Русский)  Lari georgiano (Español)  Lari (Polski)  格鲁吉亚拉里 (中文)  Georgiska lari (Svenska)  Lari (Română)  ラリ (日本語)  Грузинський ларі (Українська)  Грузинско лари (Български)  조지아 라리 (한국어)  Georgian lari (Suomi)  Lari Georgia (Bahasa Indonesia)  Laris (Lietuvių)  Georgiske lari (Dansk)  Gruzínské lari (Česky)  Gürcistan larisi (Türkçe)  Грузијски лари (Српски / Srpski)  Lari (Eesti)  Gruzínske lari (Slovenčina)  Grúz lari (Magyar)  Gruzijski lari (Hrvatski)  Gruzijas lars (Latviešu)  Λάρι Γεωργίας (Ελληνικά) 
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