Per the exchange rate determined by the National Bank of Georgia, the buying rate of USD 1 today is GEL 3.4363. USD 1 has so far equaled to GEL 3.4363. Consequently, the GEL exchange rate has remained unchanged against the USD.
EUR 1 now amounts to GEL 4.1187, while EUR 1 could have so far been bought for GEL 4.1115. Accordingly, the GEL has devalued against EUR by 0.0072 points.
The National Bank of Georgia determines the national currency's official exchange rate at 17:00 after trading with currencies in an international trading system Bloomberg.
Bloomberg trading system is the main trading platform of the world's financial institutions, in which both commercial banks and large microfinance organizations trade from Georgia.
At the moment, 1 dollar equals GEL 3.4300 on Bloomberg.