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USD to GEL - Compare Exchange Rates

United States 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.

 

USD to GEL interbank exchange rate = 2.695

Right now the USD/GEL interbank exchange rate is 2.695. 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 United States Dollar.

This USD/GEL Converter calculates equivalent United States 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.

USD / GEL converter & margin calculator


$USD
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Mid-rates:
 

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1 Week USD to GEL
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United States Dollar

Georgian Lari

1 USD 2.6950 GEL
5 USD 13.48 GEL
10 USD 26.95 GEL
20 USD 53.90 GEL
50 USD 134.75 GEL
100 USD 269.50 GEL
250 USD 673.75 GEL
500 USD 1,347.50 GEL
1,000 USD 2,695.00 GEL
2,000 USD 5,390.00 GEL
5,000 USD 13,475.00 GEL
10,000 USD 26,950.00 GEL
50,000 USD 134,750.00 GEL
100,000 USD 269,500.00 GEL
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United States Dollar

Georgian Lari

0.3711 USD 1 GEL
1.8555 USD 5 GEL
3.7110 USD 10 GEL
7.4220 USD 20 GEL
18.56 USD 50 GEL
37.11 USD 100 GEL
92.78 USD 250 GEL
185.55 USD 500 GEL
371.10 USD 1,000 GEL
742.20 USD 2,000 GEL
1,855.50 USD 5,000 GEL
3,711.00 USD 10,000 GEL
18,555.00 USD 50,000 GEL
37,110.00 USD 100,000 GEL
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United States Dollar to Georgian Lari (USD-GEL) - 10 Year History

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Apr 20192.6950Latest
13 Apr 20192.69501 Week0%
21 Mar 20192.68501 Month+0.37%
22 Oct 20182.44706 Months+10.13%
20 Apr 20182.44561 Year+10.2%
20 Apr 20172.39462 Years+12.54%
21 Apr 20141.75855 Years+53.26%
22 Apr 20091.660410 Years+62.31%

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

The USD/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 USD / 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 USD/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 USD to GEL exchange rate

  1. Know the latest USD/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 United States 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 USD vs GEL, you should pay attention to both United States Dollar and Georgian Lari news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Georgian Lari (GEL) - Market news and forecasts

No recent Georgian Lari market updates.