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Georgian Currency - Lari (GEL) has been the main and only currency of the republic of Georgia since 1995. “Lari” is an old Georgian word which translates as “treasure”. Georgian Lari (GEL) consists of 100 Tetri (cents). 1 GEL = 100 Tetri You can find the current conversion rates for the Georgian Lari on our website. If your currency is not listed here, you can visit the page of National Bank of Georgia on the following link: National Bank of Georgia – Exchange Rates for GEL