Authorization of the Georgian coinage; effective immediately (?)
1804-1835
Operations of the Tbilisi Mint: - 27.09.1804 [JD:15.09.1804]: Inauguration of the mint - 25.02.1834 [JD:13.02.1834]: End of minting operations - 26.08.1835 [JD:14.08.1835]: Closure of the mint - The Georgian coins were not demonetized after 1834.
25.09.1804
JD:13.09.1804
Mint instruction, specifies the issuance of subsidiary coins in silver and copper; effective immediately: - Silver: Abazi (= 20 Russian Kopeks) at 71 Russian doli silver 88⁄96 (2'891.97mg AG fine) - Copper: Bisti of 400 Dinars (= 2 Russian Kopeks) at 126 Russian zolotnik copper (15.50g CU).
25.08.1810
JD:13.08.1810
Mint instruction, terminates the issuance of copper coins; effective immediately
Time Period: 1918-1919
Currency: 1st Transcaucasian Ruble
Transition
1 : 1 Russian Ruble
Sub-units
none
ISO4217
none (informal: ZKR)
Timeline
29.01.1918
Government Decree of the Transcaucasian Commissariat on Issuance of paper money (for Armenia, Azerbaijan, and Georgia)
05.02.1918
Start of issuance of the new paper money ("Transcaucasian coupons")
Valuation Regimes
1918-1919
Potentially variable rates against other Russian (local) currencies determined as demand and supply
Time Period: 1919-1923
Currency: Georgian Ruble (Manat)
Transition
1 : 1
Sub-units
none
ISO4217
none (informal: GER)
Timeline
11.07.1919
Government decree on the issuance of provisional paper money; effective immerdiately (?)
June 1920
Project for the creation of a Georgian currency "Marchili": sketches for the future paper money and coins were produced, but the issuance could not be pursued.
Valuation Regimes
1919-1923
Variable rates against other Russian (local) and Transcaucasian currencies
Time Period: 1923-1924
Currency: 2nd Transcaucasian Ruble
Transition
1 : 1
Sub-units
none
ISO4217
none (informal: ZKB)
Timeline
10.01.1923
Government decree of the Transcaucasian Federation (within USSR) to reform and unify the currencies of Armenia, Azerbaijan, and Georgia; effective immediately
??.??.1923
Start of issuance of the Transcaucasian banknotes (unclear if the Armenian paper money was demonetized or continued to circulate at a fixed ratio)
Valuation Regimes
1923-1924
Variable rates against other (local) currencies within the USSR
Time Period: 1924-1993
Timeline
18.02.1924
Government decree of the Transcaucasian Federation to adopt the Soviet currency reform of 05.02.1924; effective 07.03.1924
04.04.1924
Government decree of the Transcaucasian Federation to set the ratio against the Soviet Ruble (1924) at 1 : 12'500'000'000; effective 15.04.1924
15.04.1924
Start of currency exchange: - 15.04.1924: Start of issuance of Soviet banknotes and coins - 31.07.1924: Demonetization of the Transcaucasian (Armenian) currency.
Time Period: 1993-1995
Currency: Georgian Coupon
Transition
1 : 1 Russian Ruble (1992)
Sub-units
none
ISO4217
GEK
Timeline
19.11.1993
Government resolution on the introduction of a transitional currency; effective 01.04.1993
05.04.1993
Start of currency exchange: - 05.04.1993: Start of issuance of the new paper money which initially circulated alongside the Russian currency - 02.08.1993: Demonetization of the Russian currency.
Valuation Regimes
1993
Fixed against Russian Ruble (1992)
1993-1995
Variable rate, highly inflationary
1995
Fixed against US Dollar
Rate Arrangements
01.04.1993
Fixed
Russian Ruble (1992) at 1 : 1
±0.0%
01.04.1993
Variable
initially: Russian Ruble (1992) at 1 : 5.50
-81.1%
23.01.1995
Fixed
US Dollar at 1 : 1'300'000
-
Time Period: 1995-
Currency: Georgian Lari
Transition
1 : 1'000'000
Sub-units
Lari / 100 Tetri
ISO4217
GEL
Timeline
16.09.1995
Presidential decree [No. N-363] on the currency reform; effective 25.09.1995
25.09.1995
Start of currency exchange: - 25.09.1995: Start of issuance of the new banknotes and coins - 02.10.1995: Demonetization of the former currency.