Exactly 26 years ago, on October 2, 1995, the national currency of Georgia - GEL was declared as the only legal currency on the entire territory of the country.
GEL, which was chosen as the name of the main unit of the Georgian national currency, is an old Georgian word and means treasure, property, while tetri, one-hundredth of a GEL, is also an old Georgian coin term that has been established since the 13th century.
The GEL has its symbol - ₾, which was approved by the Board of the National Bank of Georgia in 2014. The future is digital, and the digital age demands digital currency, which is why the NBG is now actively working on the digital GEL project.
How was the GEL created, and what path has it taken to date? - The National Bank disseminates the material.
