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AUD to GEL - Compare Exchange Rates

Australian Dollar to Georgian Lari - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to GEL interbank exchange rate = 1.8973

Right now the AUD/GEL interbank exchange rate is 1.8973. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Georgian Lari to Australian Dollar.

This AUD/GEL Converter calculates equivalent Australian Dollar to Georgian Lari amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / GEL converter & margin calculator


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Australian Dollar

Georgian Lari

1 AUD 1.8973 GEL
5 AUD 9.4865 GEL
10 AUD 18.97 GEL
20 AUD 37.95 GEL
50 AUD 94.87 GEL
100 AUD 189.73 GEL
250 AUD 474.33 GEL
500 AUD 948.65 GEL
1,000 AUD 1,897.30 GEL
2,000 AUD 3,794.60 GEL
5,000 AUD 9,486.50 GEL
10,000 AUD 18,973.00 GEL
50,000 AUD 94,865.00 GEL
100,000 AUD 189,730.00 GEL
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Australian Dollar

Georgian Lari

0.5271 AUD 1 GEL
2.6355 AUD 5 GEL
5.2710 AUD 10 GEL
10.54 AUD 20 GEL
26.36 AUD 50 GEL
52.71 AUD 100 GEL
131.78 AUD 250 GEL
263.55 AUD 500 GEL
527.10 AUD 1,000 GEL
1,054.20 AUD 2,000 GEL
2,635.50 AUD 5,000 GEL
5,271.00 AUD 10,000 GEL
26,355.00 AUD 50,000 GEL
52,710.00 AUD 100,000 GEL
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Australian Dollar to Georgian Lari (AUD-GEL) - 10 Year History

The below table shows the historic variation in the AUD/GEL exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Mar 20191.9070Latest
12 Mar 20191.89991 Week+0.37%
17 Feb 20191.88241 Month+1.31%
20 Sep 20181.78286 Months+6.97%
19 Mar 20181.88401 Year+1.22%
19 Mar 20171.91442 Years-0.39%
20 Mar 20141.58045 Years+20.67%
21 Mar 20091.143610 Years+66.75%

Why can't I just get the AUD/GEL market rate I see on Google or in the Media?

The AUD/GEL mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / GEL was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/GEL midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to GEL exchange rate

  1. Know the latest AUD/GEL market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Georgian Lari

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs GEL, you should pay attention to both Australian Dollar and Georgian Lari news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Georgian Lari (GEL) - Market news and forecasts

No recent Georgian Lari market updates.

Currency News and Forecasts - Australian Dollar

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